Business/Financial

The Stimson Center has established the National Security Reform Program as a vehicle to expose “waste in the military budget while offering pragmatic, forward-thinking perspectives on security policy issues – […]

France’s Safran on Monday said it has entered exclusive discussion to acquire Preligens, a small company that develops artificial intelligence to automate the analysis of geospatial intelligence (GEOINT) such as […]

The Justice Department on Friday said that two Lockheed Martin [LMT] business units have agreed to pay $70 million to settle allegations they overcharged for spare parts related to Navy […]

South Korea’s Hanwha conglomerate agreed to purchase the Norwegian-owned Philly Shipyard, the latter said on Thursday. The transaction will involve Hanwha Group business segments Hanwha Systems and shipbuilder Hanwha Ocean […]

Britain’s BAE Systems and U.S. semiconductor manufacturer GlobalFoundries [GFS] on Thursday said they have agreed to collaborate on research and development in advanced chip technologies to strengthen the supply chain […]

Honeywell [HON] on Thursday said it has agreed to acquire CAES Systems Holdings from the private equity firm Advent International for $1.9 billion in cash in a deal that strengthens […]

While the Pentagon has backed innovative approaches, such as Middle Tier of Acquisition (MTA) and commercial paths, to help speed fielding, the DoD efforts thus far are insufficient, the Government […]

Anduril Industries on Monday said it has received an $18.6 million contract from the Navy to build five of its Dive autonomous underwater vehicles (AUVs) for a prototyping effort and […]

Merlin on Thursday said it has agreed to acquire fellow startup EpiSci in a deal that would combine complementary autonomous capabilities to offer a full-stack solution for artificial intelligence-piloted military […]

The charitable group affiliated with AARP on Tuesday filed a lawsuit alleging RTX [RTX] discriminated against older workers in hiring. The AARP Foundation claims RTX’s hiring practices “exclusively” targeted recent […]