Business/Financial
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Business/FinancialUSIS Agrees to Forego At Least $30 Million Owed By OPM In Settlement
Background investigation firm U.S. Investigation Services Inc. (USIS) and its parent company, Altegrity Inc., agreed to a settlement with the Justice Department whereby the company forgoes at least $30 million […]
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Business/FinancialNASA Extends Raytheon Contract For Spaceflight Support Facilities
The NASA Johnson Space Center awarded Raytheon [RTN] a contract extension worth upward of $102 million to continue to provide operations, maintenance, and engineering services for up to four years […]
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Business/FinancialOdierno Appointed Senior Adviser At JP Morgan Chase
JP Morgan Chase & Co. [JPM] announced former Chief of Staff of the Army Gen. Raymond Odierno was appointed to a senior advisory position effective Sept. 1, the company said […]
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Business/FinancialDSA Acquires Symbolic Systems Federal IT Assets
Data Systems Analysts, Inc. (DSA) announced Aug. 14 it completed an asset purchase agreement to acquire the federal IT services practice of Symbolic Systems, Inc. The purchase will augment DSA’s […]
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Business/FinancialIT Giant CSC To Buy Trading Management Specialist Fixnetix
Information technology giant Computer Sciences Corporation [CSC], announced Tuesday it will acquire Fixnetix, a provider of front-office managed trading solutions in capital markets. CSC is the leading provider of IT services […]
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Business/FinancialBerkshire To Buy Aerospace Component Supplier Precision Castparts for $37 Billion
Major aerospace component manufacturer Precision Castparts Corp. [PCC] is being sold to Berkshire Hathaway for $37 billion, the companies said Monday. At $235 dollars per share for the outstanding PCC […]
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Business/FinancialManagement Changes At Northrop Grumman Aerospace Systems
Northrop Grumman [NOC] announced several senior staffing changes as part of an organizational realignment on Wednesday. The realignment is meant to improve the performance and drive profitable growth across the […]
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Business/FinancialAccenture Acquires Cyber Company FusionX
Accenture [ACN] said Tuesday it acquired FusionX, a cyber security company, to strengthen Accenture’s security practice and help clients with cyber security issues. FusionX “has a fundamentally differentiated approach to […]
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Business/FinancialKatrina Settlement, Pension Tailwind Lead Huntington Ingalls To Higher Earnings
Huntington Ingalls Industries [HII] on Thursday posted a huge increase in second quarter earnings driven by an insurance litigation settlement and a favorable pension adjustment that more than offset a […]
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Business/FinancialOrbital ATK Posts Strong Second Quarter Results
Orbital ATK [OA] on Thursday reported strong second quarter financial results, driven by its rocket and satellite businesses, while the company increased financial guidance for the year. Sales increased 7 […]