Business/Financial
-
Business/FinancialAerospace Manufacturing Poised For Another Record Year Of Shipments, AIA Says
The aerospace and defense industry is on pace for a fourth straight year of record shipments of commercial and military products, although orders and backlog so far this year have […]
-
Business/FinancialU.K. Firm Digital Barriers Agrees To Acquire Brimtek
The United Kingdom’s Digital Barriers plc on Friday said it has agreed to acquire Virginia-based intelligence, surveillance and reconnaissance firm Brimtek for $25 million in cash in a deal that […]
-
Business/FinancialIndia Wants U.S. Help Beyond Jet Engine, Aircraft Carrier Developement
India is interested in furthering its partnership with both the U.S. military and defense industry to develop and manufacture high-end weapons on its own soil, Defense Minister Manohar Parrikar said […]
-
Business/FinancialTo Hook Silicon Valley, DHS Establishes New Transaction Mechanism
The Department of Homeland Security (DHS) this week said it has created a new “innovation framework” to make it easier for start-up companies and non-traditional government contractors to work with […]
-
Business/FinancialBollinger Pays $9 Million Fine To Settle Dispute Over Coast Guard Vessel Conversions
The Justice Department on Wednesday said that Bollinger Shipyards agreed to pay an $8.5 million fine to settle claims that the shipbuilder “misrepresented” the quality of its work for a […]
-
Business/FinancialDell Survey Shows Most Federal Agencies Use NIST Cyber Framework
A survey of federal IT professionals found 82 percent reported their organizations at least partially use the National Institute for Standards and Technology (NIST) Framework for Improving Critical Infrastructure Cybersecurity […]
-
Business/FinancialAM General CEO Hall Retires, Successor Named
AM General on Tuesday announced former HDT Global chief executive Andy Hove will succeed Charlie Hall as President and CEO of the tactical vehicle manufacturer. Hall announced his retirement Monday […]
-
Business/FinancialCACI Expects Big Boost To IT Capabilities With Acquisition Of L-3’s NSS Segment
CACI International [CACI] on Tuesday said it has agreed to acquire most of the National Security Solutions segment of L-3 Communications [LLL] for $550 million in cash in a deal […]
-
Business/FinancialL-3 Provides 2016 Guidance: Sees Earnings Up, Sales Down
L-3 Communications [LLL] on Tuesday said it expects sales to be down about 3 percent next year while per share earnings are expected to be higher on an increase in […]
-
Business/FinancialPentagon Faces Cultural Challenges In Attracting Silicon Valley, Defense Analyst Says
There are a number of cultural obstacles the Defense Department faces in attracting technology companies into the defense market with excessive bureaucracy topping the list, an aerospace and defense investment […]