Business/Financial
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Business/Financial
KEYW Agrees To Sell Last Of Commercial Cyber Security Product Business
KEYW Corp. [KEYW] on Wednesday said it has agreed to sell the remaining product line of its commercial cyber security business, Hexis Cyber Solutions, to an undisclosed private equity firm. […]
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Business/Financial
Northrop Grumman Hikes Dividend
Northrop Grumman [NOC] on Tuesday said it would increase its quarterly dividend to 90 cents per share, a nearly 13 percent hike over the current 80 cents per share payment […]
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Business/Financial
Saab Presents Anti-IED Underwater Robot
Saab AB on Tuesday unveiled Sea Wasp, a remotely operated vehicle (ROV) aimed at identifying, relocating, and neutralizing underwater improvised explosive devices (IEDs). Presented at the Navy League’s Sea-Air-Space Exposition […]
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Budget
Senate Defense Bill Tackles Cost-Type Contracting, Bid Protests
The Senate Armed Services Committee’s (SASC) fiscal year 2017 defense authorization bill takes aim at the Pentagon’s status quo regarding contracting, which committee aides said on Monday has led to […]
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Business/Financial
Bell Helicopter Opens New Prague Facility
Bell Helicopter Textron [TXT] opened a new paint facility and delivery center at its Prague, Czech Republic location, the company said today. With the new facility, the company’s Prague location […]
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Business/Financial
Pritzker Seeks High-Tech Sector’s Help On Managing Cyber Risk
Commerce Secretary Penny Pritzker on Wednesday called on the nation’s technology sector to help develop ways and metrics that companies and organizations can better understand and manage their cyber security […]
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Business/Financial
IBM Starts Using Watson Computer System For Cybersecurity
IBM [IBM] announced a version of its Watson cognitive technology system that will be used in a year-long research project to train it on the language of cybersecurity, the company […]
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Business/Financial
IBM To Start Collaboration With UMBC On Cognitive Cybersecurity
The University of Maryland, Baltimore County (UMBC) and IBM [IBM] announced plans Tuesday for a multi-year collaboration to create a new laboratory applying cognitive computing to cybersecurity. The Accelerated Cognitive Cybersecurity […]
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Business/Financial
Acquisition Workforce Needs More FMS Focus, Industry Officials Say
The government’s process of managing international sales of weapons systems made by United States companies could be improved if the Defense Department’s acquisition and contracting personnel are better equipped to […]
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Business/Financial
SECDEF Carter Announces $30 Million Expansion Of Experimental Tech Innovation Unit
The Defense Department’s experimental tech innovation hub established less than a year ago in Southern California will evolve into a bi-coastal nationwide enterprise with a permanent leadership structure and civilian […]