Business/Financial
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Business/FinancialL-3 Forms Commercial Training Solutions Division
L-3 Communications [LLL] on Thursday said it has created a Commercial Training Solutions division that brings together two separate business units to drive efficiencies, provide a more comprehensive set of […]
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Business/FinancialKBR Completes Acquisition Of Wyle, Expanding Government Services Business
KBR, Inc. [KBR] on Tuesday said it has completed its $570 million cash acquisition of Wyle, Inc., a deal that more than doubles its government services business and shift toward […]
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Business/FinancialRaytheon To Realize $150 Million Gain In Modification To Thales Joint Venture
Raytheon [RTN] on Friday said it and France’s Thales agreed to immediately modify the structure of their ThalesRaytheonSystems (TRS) joint venture, a move that will result in a $150 million […]
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Business/FinancialCisco And Thales Sign Strategic Collaboration On Cybersecurity
Cisco [CSCO] and Thales signed a strategic collaboration in cybersecurity that will result in IT security solutions for French critical infrastructure providers, Thales said Wednesday. The companies plan to co-develop […]
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Business/FinancialCenturyLink Adds DHS Cyber Intrusion Prevention Service To GSA Contract
Communications provider CenturyLink [CTL] on Thursday said it has added its cyber intrusion prevention product that is supported by the Department of Homeland Security (DHS) to the General Services Administration’s […]
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Business/FinancialAirbus, Safran Complete Space Launchers Joint Venture
Airbus Group and Safran Group on Thursday said they have finalized the creation of their joint venture for the space launchers business, meaning it is now full-fledged operational company. The […]
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Business/FinancialNCI Wins U.S. Cyber Command SAIC Subcontract
NCI, Inc. was awarded an indefinite-delivery, indefinite-quantity (IDIQ) contract to provide cybersecurity services to U.S. Cyber Command as a subcontractor to Science Applications International Corp. [SAIC], NCI said Thursday. This […]
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Business/FinancialCisco To Acquire CloudLock For $293 Million
Cisco [CSCO] intends to acquire cloud security firm CloudLock Inc. for $293 million, Cisco said Tuesday. CloudLock specializes in cloud access security broker (CASB) technology that provides enterprises with visibility […]
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Business/FinancialIndustry Leaders Expect Major Changes In Cyber, Unmanned
Most aerospace/defense industry leaders believe that the cyber and unmanned sectors will experience “significant disruption” in the next decade, according to a newly released survey on global competition and innovation. […]
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Business/FinancialFLIR Acquires Optics Provider Armasight
FLIR Systems [FLIR] said on Tuesday evening that it has acquired Armasight, Inc., a provider of precision optics for sporting, hunting, law enforcement and military uses, for $41 million in […]