Business/Financial
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Business/FinancialFormer Defense Official O’Keefe Sees Bid Protest Environment Influencing Negative Behaviors
The prospect of losing out in a major competition and the fear of acquisition officials of protests by losing bidders is influencing a number of aspects of the acquisition process […]
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Business/FinancialAlphabet Exec Tapped to Lead Pentagon’s New Defense Innovation Advisory Board
SAN FRANCISCO—The Pentagon has enlisted the help of Eric Schmidt, the executive chairman of Google parent company Alphabet [GOOG], to lead a new Defense Innovation Advisory Board that will be […]
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Business/FinancialNATO Signs Industry Partner Agreements With Cisco, Fortinet
The NATO Communications and Information (NCI) Agency signed industry partnership cyber information sharing agreements with both Cisco [CSCO] and Fortinet [FTNT], NATO said Monday. The agreement with Cisco is set […]
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Business/FinancialHoneywell Quits Chase Of UTC
Honeywell [HON] on Tuesday said it has given up its pursuit of acquiring United Technologies Corp. [UTX] given UTC’s strong objections to the potential combination. Dave Cote, chairman and CEO […]
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Business/FinancialEngility Names Former Raytheon Exec Lynn Dugle As CEO
Technical and systems engineering services provider Engility [EGL] on Tuesday said it has appointed Lynn Dugle as its new CEO effective March 21, replacing Anthony Smeraglinolo who was let go. […]
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Business/FinancialLower Taxes Drive Strong Fourth Quarter Earnings At Orbital ATK
Orbital ATK [OA] on Monday night posted strong fourth quarter earnings driven by a lower tax rate whiles sales ticked up slightly and the company provided initial guidance for 2016 […]
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Business/FinancialLockheed Martin Coughs Up $5 Million In Paducah Whistleblower Settlement
Lockheed Martin [LMT] paid $5 million to settle whistleblower allegations the company mishandled nuclear waste at the Paducah Gaseous Diffusion Plant near Paducah, Ky., a uranium enrichment facility the company […]
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Business/FinancialBell Helicopter Signs Agreement With PT Dirgantara Indonesia To Expand Indonesia Business
Bell Helicopter [TXT] and PT Dirgantara Indonesia (Persero, PTDI) signed an expanded Industrial and Commercial Agreement to allow both companies to expand their support and services in Indonesia to Bell […]
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Business/FinancialThales Sees Strong Growth Continuing In U.S.
Driven by its commercial aerospace and security markets, France’s Thales sees strong growth in the United States in 2015 continuing through this year, head of the company’s business in the […]
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Business/FinancialHarris Selling Aerostructures Business For $210 Million
Harris Corp. [HRS] on Monday said it is will sell its aerostructures business to Albany International [AIN] for $210 million in cash, part of its plan to focus on core […]