Business/Financial
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Business/FinancialLockheed Martin Awards CACI Subcontract To Help Support DC3
CACI International [CACI] has received a $36 million subcontract from Lockheed Martin [LMT] to provide cyber forensics and information technology solutions for the Defense Department’s Cyber Crime Center (DC3). CACI said […]
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Business/Financial
Icahn Plans $3 Billion Offer For Oshkosh Truck Company
Investor Carl Icahn yesterday said he plans to make a tender offer for the outstanding shares of Oshkosh Corp.’s [OSK] common stock in a deal that would be valued at […]
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Business/Financial
EADS, BAE End Merger Talks; What’s Next?
The European Aeronautic Defence and Space Co. (EADS) and Britain’s BAE Systems yesterday called off their planned $94 billion merger saying that while the deal made strong business sense, the […]
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Business/Financial
Lockheed Martin Splitting Electronic Systems Into Two Business Areas
Lockheed Martin [LMT] on Monday said that it will restructure its Electronic Systems segment into two new business areas beginning on Dec. 31, a move the company says will save […]
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Business/Financial
Northrop Grumman Formation Flying Global Hawks Close In On Autonomous Aerial Refueling
Northrop Grumman [NOC], the Defense Advanced Research Projects Agency (DARPA), and NASA Dryden Flight Research Center said they have successfully completed a series of flights moving DARPA’s Autonomous High-Altitude Refueling […]
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Business/Financial
McCain, Graham To Industry: Ignore Admin, Issue Layoff Warnings
Sens. John McCain (R-Ariz.) and Lindsey Graham (R-S.C.) want Lockheed Martin [LMT] and other defense contractors to ignore the White House’s guidance and instead notify employees about potential layoffs spurred […]
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Business/Financial
L-3, Virginia Tech Open Cyber Security R&D Center
L-3 Communications [LLL] and Virginia Tech on Friday opened a new research center in Northern Virginia that is focused on advancing cyber security-related research and development (R&D) leading to customer […]
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ArmyNanoMech Partners With KDH Defense Systems On Advanced Body Armor
NanoMech, an international material science company and leader in nanotechnology innovation, yesterday revealed a partnership with KDH Defense Systems Inc. to deploy technology that will keep soldiers and law enforcement […]
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Business/Financial
Rogers: New Cyber Threat May Spur Legislative Action
Lawmakers have been told about a seemingly new threat to U.S. computer networks that is so pressing it may prompt the House and Senate to agree to pass stalled cybersecurity […]
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Business/Financial
CSC Acquires Software Firm Focused On Big Data For Intel Community
CSC [CSC] yesterday said that it has acquired the custom software development firm 42Six, enhancing its capabilities in big data processing and analytics for customers in the intelligence community and […]