Business/Financial
-
BudgetFive Years After Budget Control Act, Industry Is Far From Doomsday Scenario Predicted
Five years ago, on the eve of passage of the Budget Control Act, then-Secretary of Defense Leon Panetta wrote a letter to the Senate Armed Services Committee warning of a […]
-
Business/FinancialLeidos Expects Deal For IS&GS To Close On Aug. 16
Leidos [LDOS] on Thursday said it expects to close the transaction for Lockheed Martin’s [LMT] Information Systems & Global Solutions (IS&GS) business on Aug. 16 and plans to pay its […]
-
Business/FinancialWith Sikorsky In Fold, Lockheed Martin Renames Division Rotary And Mission Systems
Lockheed Martin [LMT] on Thursday said it will rename its Mission Systems and Training segment to Rotary and Mission Systems next month to reflect the company’s acquisition of helicopter manufacturer […]
Tagged in: -
Business/FinancialDeloitte Acquires Canadian-Based Cyber Company Integrity-Paahi Solutions, Inc.
Deloitte has acquired the Vancouver, Canada-based information security services provider Integrity-Paahi Solutions, Inc. (IPS), the company said Tuesday. IPS’ Vancouver location will become integrated into Deloitte as the company’s fourth […]
-
Business/FinancialMission Essential Acquires IMT Corporation
Defense and intelligence community services provider Mission Essential on Thursday said it has acquired IMT Corporation, boosting its C4ISR capabilities and strengthening its position serving the intelligence community. Terms of […]
-
Business/FinancialIncome Falls At Huntington Ingalls In Second Quarter But Results Still Solid
Huntington Ingalls Industries [HII] on Thursday reported lower earnings in its second quarter due to a favorable litigation settlement that inflated the bottom line a year ago but the company’s […]
-
Business/FinancialAccenture And Endgame Create Joint Cyber Service Product
Accenture [ACN] and Endgame, Inc. have created a joint threat hunting as-a-Service offering for clients to help identify and carefully remove cyber adversaries who evade traditional security methods, the companies […]
-
Business/FinancialCyberX Raises $9 Million In Funding For Industrial Cyber Protection
CyberX, a provider of cybersecurity for industrial Internet of Things (IIoT), completed a $9 million funding round, the company said Tuesday. The funding round was led by Flint Capital and […]
-
Business/FinancialHarris Swings To Profit In Fourth Quarter
Aided by the acquisition of Exelis last year, Harris Corp. [HRS] on Tuesday posted higher sales and earnings in its fourth quarter and the company initiated guidance for its next […]
-
ArmyAM General Tallies Another $356 Million in Humvee Contracts
Humveee manufacturer AM General brought home a $356 million contract to build 1,673 of the trucks in two variants for the Afghan National Army and Police. The contract, awarded by […]