Business/Financial

Lockheed Martin [LMT] said it is trimming 250 positions from its workforce at its Missiles and Fire Control (MFC) segment to lower its costs. “There is no single program that […]

Northrop Grumman [NOC] on Wednesday said it will reorganize its businesses to better meet its customers’ needs and to bolster innovation. The company also said that Gloria Flach, who is […]

L-3 Communications [LLL] on Tuesday said it has acquired ForceX, Inc., to enhance its work in the intelligence, surveillance and reconnaissance (ISR) and add new capabilities. Terms of the deal […]

Northrop Grumman [NOC] has protested the award of a potential $1 billion contract that Raytheon [RTN] won in September from the Department of Homeland Security (DHS) for support of a […]

Lockheed Martin [LMT] Monday unveiled a device that can counteract Unmanned Aerial Systems (UAS) with non-kinetic cyber defeat options. The ICARUS, on display at the Association of the United States […]

Due to a delay in United States Cyber Command effort to consolidate a number of existing separate support contracts, the command has awarded CACI International [CACI] a one-year $13.8 million […]

After being awarded nearly $83 million for Task Order 2D of the Department of Homeland Security (DHS)’ Continuous Diagnostics and Mitigation (CDM) program, Booz Allen Hamilton [BAH] said Wednesday this […]

The Federal Aviation Administration (FAA) on Wednesday said it has entered into a Pathfinder agreement with CACI International [CACI] to evaluate the company’s technology for detecting unmanned aircraft systems (UAS) […]

The Department of Homeland Security (DHS) in early September selected the Univ. of Texas at San Antonio (UTSA) to lead an effort with various stakeholders to identify a common set […]

Britain’s Rolls-Royce on Monday said it will invest $584 million as part of a five-year to modernize its manufacturing operations in Indianapolis where it primarily does defense business. The investment, […]