Business/Financial
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Business/Financial
Fidelis Cybersecurity Acquires Endpoint Detection Firm To Complement Network Security
Fresh off its divestiture from General Dynamics [GD] earlier this month, Fidelis Cybersecurity on Tuesday said it has acquired endpoint detection and response solutions firm Resolution1 Security, complementing its network […]
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Business/Financial
Northrop Grumman Nabs $45 Million U.K. Award For IDENT1 Recompete
Northrop Grumman [NOC] on Tuesday said it has won a $45.1 million contract to continue to provide the United Kingdom Home Office with maintenance and enhancements of a national database […]
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Business/Financial
Operating Profit Slides At Leidos On Charge, U.S. Troop Drawdown
Leidos [LDOS] on Tuesday reported lower operating profit and sales in its first quarter driven by a loss related to the pending sale of a biomass power plant, the drawdown […]
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Business/Financial
M&A Deal Value In First Quarter Increases Versus Year Ago, PwC Says
Led by Harris Corp.’s [HRS] pending $5 billion acquisition of Exelis Inc. [XLS], aerospace and defense merger and acquisition (M&A) value in the first quarter of 2015 picked up in […]
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Business/Financial
Denmark Goes With Piranha For Troop Carrier Replacement
Denmark has chosen the Piranha 5 to replace its aging M113 troop carriers, becoming the launch customer for the General Dynamics [GD] wheeled infantry fighting vehicle, the company said. The […]
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Business/Financial
PAE To Acquire A-T Solutions, Expanding National Security Business
Global mission solutions provider PAE on Thursday said it has agreed to acquire A-T Solutions in a deal that will further expand its national security work. Terms of the deal, […]
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Business/Financial
Energy Market Again Trips Huntington Ingalls’ Earnings
Huntington Ingalls Industries [HII] on Thursday posted lower first quarter income on a loss at its energy services business, which has been impacted by unstable market conditions and restructuring actions. […]
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Business/Financial
Lockheed Martin Makes Strategic Investment In Israeli Cyber Threat Detection Firm
A small Israeli-based cyber security firm, Cybereason, on Wednesday said it has closed a new $25 million funding by private equity that includes a strategic investment by Lockheed Martin [LMT], […]
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Business/Financial
Exelis Posts Solid First Quarter Earnings As Acquisition By Harris Nears
In likely its final earnings release ahead of its pending acquisition by Harris Corp. [HRS] next month, Exelis [XLS] on Wednesday reported solid first quarter financial results largely driven by […]
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Business/Financial
Fidelis Cybersecurity Begins Operations After Sale To Private Equity Firm
Fidelis Cybersecurity began operations as a standalone company after its sale from General Dynamics [GD] to Marlin Equity Partners was completed, the company said on Monday. Fidelis provides products and […]