Business/Financial

Boosting its commercial and international business in one swoop, L-3 Communications [LLL] on Thursday said it has acquired CTC Aviation Group, a Britain-based company that provides airline pilot training and […]

Lockheed Martin [LMT] on Wednesday said it has received a $72 million contract from shipbuilder Huntington Ingalls Industries [HII] to supply the C4ISR system for the eighth and final Coast […]

The Department of Homeland Security on Tuesday awarded a potential $995.9 million contract to Hewlett Packard [HPQ] to continue providing services to its Data Center 2 while the department continues […]

Computer Sciences Corp.’s [CSC] announcement last week that it plans to split into two separate publicly traded companies, one focused on commercial and global government customers and the other on […]

Harris Corp.’s [HRS] $5 billion acquisition of Exelis Inc. [XLS] is expected to close May 29, now that regulators and Exelis shareholders have given the go-ahead, Exelis said on Friday. […]

Elbit Systems [ESLT] on Thursday said it has agreed to acquire the Cyber and Intelligence Division of NICE Systems [NICE] for up to $157.9 million in cash in a deal […]

The long awaited procurement for the Sandia National Laboratories M&O procurement is scheduled to be awarded by April 2017, as the National Nuclear Security Administration (NNSA) released a sources sought […]

Leidos [LDOS] on Wednesday said it will conduct a $100 million accelerated stock repurchase with most of the shares to be bought in the near-term. The company said 80 percent […]

Northrop Grumman [NOC] on Wednesday announced a 14 percent hike in its quarterly dividend to 80 cents per share, marking the 12th year in a row the company has boosted […]

Leidos [LDOS] on Tuesday named Jonathan Scholl as the president of its Health and Engineering Sector, which struggled last year with massive losses and contracting revenue. Scholl, who will join […]