Business/Financial
-
Business/FinancialAerospace And Defense M&A Deal Value Hits Record In 2015, PwC Says
The value of merger and acquisition (M&A) deals in the aerospace and defense (A&D) sector in 2015 hit a record $61.7 billion and well above the previous record of $41 […]
-
Business/FinancialL-3 Boosts Dividend
L-3 Communications [LLL] on Tuesday said its board of directors has increased its quarterly dividend, marking the 12th consecutive year of annual dividend hikes. The dividend was increased by 8 […]
-
Business/FinancialTSA Sees Near And Mid-Term Opportunities To Introduce Open Systems Architecture To Screening Equipment
McLEAN, VA—The Transportation Security Administration (TSA) sees potential for including open architecture standards in some of its existing security equipment within the next year while beginning to infuse a more […]
Tagged in: -
Business/FinancialCubic Swings To Loss In First Quarter; Completes GATR Acquisition
Cubic Corp. [CUB] on Thursday reported a net loss in its opening quarter and a slight drop in sales and the company this week also closed the acquisition of a […]
-
Business/FinancialCACI Reports Higher Sales And Earnings In Second Quarter
CACI International [CACI] on Wednesday reported higher sales and earnings in its second quarter driven by organic growth and lower interest expenses and taxes. Net income soared 23 percent to […]
-
Business/FinancialArlington Capital To Acquire iRobot’s Defense And Security Business
Arlington Capital Partners on Thursday said it has agreed to acquire the military and security ground robotics operations of iRobot [IRBT] and is turning its focus to its home robots […]
-
Business/FinancialElbit-KBR Joint Venture Wins $713 Million UK Military Flight Training System Program Contract
The United Kingdom Ministry of Defence (MoD) awarded Affinity Flying Services Ltd., a joint venture between Elbit Systems Ltd. [ESLT] and Kellog, Brown and Root, Limited [KBR], a $713 million […]
-
Business/FinancialHarris Swings To Loss In Second Quarter On Oil And Gas Woes
Harris Corp. [HRS] on Tuesday reported a net loss in its second quarter due to a write down in one of its businesses that supplies communications systems to the reeling […]
-
BudgetCommittee Says Bollinger Only Bidder For Second Phase Of FRC Program
Bollinger Shipyards, the shipbuilder on the current contract to build 32 of a planned buy of 58 new Coast Guard patrol boats, is the only bidder on a recompetition for […]
-
Business/Financial
CACI Completes $550 Million Acquisition Of L-3’s National Security Solutions Segment
CACI International [CACI] on Monday said it has completed its $550 million cash acquisition of L-3 Communications’ [LLL] government services segment, in a deal that is expected to add $1 […]