Business/Financial
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Business/FinancialSAIC Realigns Corporate Structure
Science Applications International Corp. [SAIC] yesterday said it was eliminating one of its corporate positions and realigning three others to directly report to CEO Tony Moraco as part of an […]
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Business/FinancialCurtiss-Wright Acquires U.K. Firm That Supports Turbine Engines
Curtiss-Wright [CW] yesterday said it has acquired Component Coating and Repair Services Limited (CCRS), which supports aerospace and industrial turbine applications, for $25 million in cash. United Kingdom-based CCRS has […]
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ArmyOshkosh Defense Canada Delivers Bid For MSVS SMP With Next Gen Capabilities
Oshkosh Defense Canada Inc. [OSK] said Wednesday it responded to Canada’s Medium Support Vehicle System (MSVS) Standard Military Pattern (SMP) Request for Proposals (RFP), offering a high performance, low risk […]
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Business/FinancialMcAfee To Rebrand As Intel Security
McAfee [MFE] will take on the moniker of its parent company Intel Corporation [INTC], Intel CEO Brian Krzanich said on Monday. The McAfee brand will be phased out and replaced […]
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Business/FinancialAirbus Names McArtor As New U.S. Chief; Medical Issues Force O’Keefe To Resign
Airbus Group yesterday named Allan McArtor to be the new head of its North American division effective March 1, succeeding Sean O’Keefe who is resigning due to ongoing medical reasons […]
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Air ForceNorthrop Grumman, Trex Enterprises To Bring Celestial Nav to Precision Targeting
Northrop Grumman [NOC] said it has entered an agreement to collaborate with the privately-held Trex Enterprises Corp. to bring celestial navigation technology to the precision targeting capability for the U.S. […]
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Business/FinancialFormer GD Exec DeMuro To Run BAE’s U.S.-Based Business
Britain’s BAE Systems plc yesterday said that Jerry DeMuro will succeed Linda Hudson as head of the company’s United States-based division effective Feb. 1. Hudson, who said in August that […]
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Business/FinancialAnalyst Says Boeing’s New Machinists’ Contract ‘Watershed Event’
Approval of a new contract by an aerospace workers union that will allow Boeing [BA] to build its new 777X passenger plane in Seattle will save the company hundreds of […]
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Business/FinancialFireEye Acquires Mandiant To Provide Complete Suite Of Cyber Security Solutions
FireEye [FEYE] on Thursday afternoon said it has acquired Mandiant in a deal valued at $1 billion, creating a cyber security firm with a comprehensive range of solutions and managed […]
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Business/FinancialMotorola Solutions Acquires Twisted Pair
Motorola Solutions, Inc. [MSI] said on Thursday that it has acquired Twisted Pair Solutions, a Seattle-based company specializing in communications software that connect networks in real-time, in any location. Twisted […]