Business/Financial
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Business/FinancialMB Aerospace Acquires Engine Component Manufacturer Centrax Turbine
MB Aerospace on Monday said it has acquired Centrax Turbine Components, adding new customers and capabilities. Terms of the deal were not disclosed. Centrax’ customers include Britain’s Rolls-Royce, France’s SNECMA, […]
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Business/FinancialDHS Releases RFP For Security Operations Center Cyber Support Services
The Department of Homeland Security (DHS) on April 1 issued a Request for Proposals (RFP) seeking support services for its Security Operations Center (SOC), thereby allowing the department to accomplish […]
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Business/FinancialArlington Capital Completes Acquisition Of iRobot’s Defense Business
The private equity firm Arlington Capital Partners on Monday said it has completed the acquisition of iRobot’s [IRBT] government robotics business and renamed the company Endeavor Robotics. Endeavor Robotics will […]
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Business/FinancialJ.F. Lehman Acquires Firm Servicing U.S. Government Vessels
The private equity firm J.F. Lehman & Company on Thursday said it has acquired American Scaffold in partnership with company management, adding to its portfolio of companies in the maritime […]
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Business/FinancialLeidos Combination With Lockheed Martin’s IT Segment Clears Regulatory Hurdle
Leidos [LDOS] on Tuesday said waiting period has expired for the federal government’s antitrust review of the company’s pending $5 billion acquisition of Lockheed Martin’s [LMT] Information Systems & Global […]
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Business/FinancialSales Rise, Earnings Fall At SAIC In Fourth Quarter
Science Applications International Corp. [SAIC] on Tuesday posted higher fourth quarter sales due to an acquisition last year while net income fell on an increase in interest expense and lower […]
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Business/FinancialBell Helicopter Delivers Final of 15 407GXP Helicopters To The Mexican Air Force
Bell Helicopter Textron [TXT] delivered the last of 15 407GXP helicopters to the Mexican Air Force (FAM), the company said Monday. Mexico originally awarded the contract in March 2015 and […]
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Business/FinancialGeneral Atomics Completes Acquisition Of Miltec
Ducommun Inc. [DCO] on Monday said it has completed the sale of its Miltec subsidiary to General Atomics (GA) for $14.6 million, a deal that GA said will accelerate its […]
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Business/FinancialViviSat Launching First Vehicle for In-Orbit Servicing in 2018
ViviSat, with Orbital ATK [OA] at the helm, plans to launch its first Mission Extension Vehicle (MEV) in late 2018 to embark on commercial in-orbit servicing. Orbital ATK is taking […]
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Business/FinancialFAA Forecasts More Than 400 Percent Growth In Small UAS Sales By 2020
Unit sales of commercial non-model small unmanned aircraft systems (sUAS) are expected to climb more than 400 percent between 2016 and 2020, the Federal Aviation Administration (FAA) says in a […]