Business/Financial
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Business/FinancialLockheed Martin Posts Higher Sales, Earnings; Combining IT Business With Leidos
Lockheed Martin [LMT] on Tuesday reported higher fourth quarter sales and earnings, which beat consensus estimates, and announced it is separating its realigned information technology and services segment and combining […]
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Business/FinancialSaab Wins European Defence Agency Contract For Carl-Gustaf Ammunition
Saab AB signed a contract with the European Defence Agency (EDA) for production and delivery of Carl-Gustaf ammunition, the company said Monday. The contract order is operating under the terms […]
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Business/FinancialDefense Business Weighs On Rockwell Collins In First Quarter
Rockwell Collins [COL] on Friday posted lower earnings and sales in the first quarter of its fiscal year 2016 primarily due to declines in its defense work and a restructuring […]
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Business/FinancialEngility Warns Of Potential $250 Million Charge In Fourth Quarter
Due to declines in its legacy defense business, government services provider Engility Corp. [EGL] on Thursday said it expects to take upward of a $250 million hit to earnings in […]
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Business/FinancialElbit Wins Contract To Provide Cyber Security Simulator To Asia-Pacific Country
CYBERBIT Ltd., a subsidiary of Elbit Systems Ltd. [ESLT], was awarded a contract to provide the CYBERBIT CyberSHield Cyber Security Trainer and Simulator to an unnamed Asia-Pacific Country, Elbit said […]
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Business/FinancialTelephonics Nabs CBP Contract For Mobile Surveillance Capability
Customs and Border Protection (CBP) has awarded a contract to Griffon Corp.’s [GFF] Telephonics unit to provide the Border Patrol with mobile surveillance system for detecting, tracking and classifying small […]
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Business/FinancialPlatinum Equity To Acquire PAE
The private equity firm Platinum Equity on Tuesday said it has agreed to acquire global mission services provider PAE from its current owner, the private equity firm Lindsay Goldberg, LLC. […]
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Business/FinancialForcepoint Exec Sees Commercial Growth Opportunities Outpacing Government Business
Opportunities for cyber security business in commercial markets will outpace opportunities in government markets now and in the coming years, although both will continue to grow rapidly, an executive with […]
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Business/FinancialForcepoint New Name For Raytheon’s Commercial Cyber Security Company
Raytheon [RTN] on Thursday said that its Raytheon/Websense company has been rebranded and renamed Forcepoint, which brings its “defense-inspired” cyber security capabilities to the commercial market. Forcepoint is majority-owned by […]
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Business/FinancialGalois Wins $1.7 Million DHS Contract To Defend Against DDOS Cyber Attacks
The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) awarded Galois a $1.7 million contract to develop a technology capable of defending against sophisticated Distributed Denial of Service […]