Business/Financial
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Business/FinancialFidelis 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 […]
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Business/FinancialHarris Posts Lower Sales, Earnings; Still Sees Deal With Exelis Closing In June
Harris Corp. [HRS] on Tuesday reported lower sales and earnings in its third quarter and said the Justice Department has requested more information from the company for anti-trust reviews related […]
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Business/FinancialSAIC Completes Scitor Acquisition, Opening Door Into Intel Community
Science Applications International Corp. [SAIC] on Monday said it has completed its $790 million cash acquisition of Scitor Holdings, accelerating its entry into the intelligence community and classified work for […]
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Business/FinancialCharges, Pension, Lower Sales Send L-3’s First Quarter Earnings Down
Charges related to a pending divestiture and trouble with two international aircraft modification programs, higher pension expense, lower sales and program mix changes sent net income tumbling in the first […]
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Business/FinancialIn-Q-Tel Invests In BlueLine Grid Mobile Communications Platform
BlueLine Grid, an identity-based mobile communications platform, closed a strategic investment and technology development agreement with In-Q-Tel, BlueLine Grid said on Thursday. In-Q-Tel is a not-for-profit investment firm that funds […]
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Business/FinancialNorthrop Grumman’s First Quarter Profit Tumbles But Beats Estimates
Northrop Grumman [NOC] on Tuesday posted lower first quarter earnings due to declines in operating profits at two of its business segments, a less favorable pension adjustment versus a year […]
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Business/FinancialGD Opens 2015 With Strong First Quarter
Bolstered by higher profits in each of its operating segments, General Dynamics [GD] on Wednesday posted strong financial results in the first quarter with top and bottom line increases to […]
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Business/FinancialBAE Completes Sale Of Its Share In South Africa Land Systems Business To Denel
Britain’s BAE Systems plc on Tuesday said it has completed the sale of its 75 percent stake in a land systems business based in South Africa to Denel SOC Limited […]
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Business/FinancialCarter Wants To Lower Entry Barriers To DoD Market For Start Up Firms
As part of his pitch last week to strengthen relationships between the Defense Department and technology innovators in Silicon Valley, Defense Secretary Ashton Carter on Friday said that his department […]
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Business/FinancialSierra Nevada Corp. Acquires Firm Specializing In UAS Capabilities
Sierra Nevada Corp. (SNC) on Thursday said it has acquired Kutta Technologies, Inc., an Arizona-based company specializing in unmanned aircraft system (UAS) technologies in the areas of command and control, […]