Business/Financial
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Business/FinancialSAIC Posts Lower Earnings On Acquisition Costs, Interest Expense
Science Applications International Corp. [SAIC] on Tuesday reported lower net income in its second quarter due to costs associated with its recent acquisition of Scitor and higher interest expense related […]
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Business/FinancialElbit Wins Cyber Contracts For International Law Enforcement Agencies
An Elbit Systems Ltd. [ESLT] subsidiary that comprises the company’s cyber activities, CYBERBIT Ltd., was recently awarded two contracts from the national police of a European country and the law […]
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Business/FinancialFAA Awards CSC Potential $1 Billion Cloud Services Contract
CSC [CSC] on Monday said it has received a potential 10-year, $1 billion contract from the Federal Aviation Administration (FAA) to provide cloud services, data center consolidation and cloud migration […]
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Air ForceNorthrop Grumman Gets Air Force Training Contract Worth Up To $20.9 Billion
Northrop Grumman [NOC] was awarded a position on the Training Systems Acquisition III (TSA III) indefinite-delivery/indefinite-quantity contract position by the Air Force, the company said Thursday. Northrop Grumman and Raytheon […]
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ArmyRaytheon Successfully Test Fires AIM-9X Block II Missile From Ground Launcher
Raytheon [RTN] and the U.S. Army recently successfully test fired an AIM-9X Block II missile from the military’s ground-based Indirect Fire Protection Capability Increment 2-I (IFPC 2-I) Block 1 Multi-Mission […]
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Air ForceAir Force Awards Raytheon Training Contract Worth Up To $20.9 Billion
Raytheon [RTN] was awarded by the U.S. Air Force as a prime contractor on the Training Systems Acquisition III (TSA III) contract, worth upwards of $20.9 billion over 10 years […]
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Business/FinancialCourt Says FTC Can Enforce Cyber Actions on Companies
The United States Court of Appeals for the Third Circuit Monday found the Federal Trade Commission has the authority to bring enforcement actions against companies like Wyndham Worldwide Corporation [WYN] […]
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Business/FinancialLockheed Martin Unveils Smaller, More Efficient Satellite Cooling System
Lockheed Martin [LMT] unveiled a new satellite cooling system that has three times the power density as previous systems, the company said Tuesday. Sophisticated satellite cameras and sensors need to […]
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Business/FinancialKratos Completes Sale Of Electronics Division Units To Ultra
Kratos Defense & Security Systems [KTOS] on Monday said it has completed the sale of its United States and United Kingdom operations of its Electronic Products Division to Britain’s Ultra […]
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Business/FinancialSparton Corp. To Pay L-3 $2.5 Million To End Litigation
Sparton Corp. [SPA] on Monday said it has agreed to pay L-3 Communications [LLL] $2.5 million related to a lawsuit L-3 filed in Sept. 2013 over a breach of contract. […]