Business/Financial

Lockheed Martin  [LMT] Aug. 29 said its PAC-3 missile successfully destroyed a tactical ballistic missile (TBM) target at White Sands Missile Range, N.M., in an Operational Test conducted by Army […]

SAIC [SAI] on Thursday said it plans to spin off into two separate publicly traded companies focused on technical services and solutions respectively, saying both businesses will benefit from eliminating […]

Seeking to meet the needs of ever more budget conscious government customers, Northrop Grumman [NOC] last week introduced and began demonstrating a relatively low cost special mission aircraft that can […]

Harris Corp. [HRS] this week said it is increasing its quarterly dividend by 12 percent as a way to reward shareholders with the company’s strong free cash flow. “This 12 […]

The Army and Boeing [BA] plan to test a 10-kilowatt high-energy laser, part of its mobile demonstrator (HEL MD), against a variety of targets this fall at White Sands Missile […]

General Dynamics [GD] yesterday said it has completed its purchase of cyber security firm Fidelis Security Systems, Inc., boosting its capabilities in detecting and preventing advanced persistent threats. Terms of […]

The government office that has been laying the groundwork for the establishment of an identity ecosystem aimed at dramatically advancing the trustworthiness and security of how individuals, organizations and businesses […]

General Dynamics [GD] yesterday said it has acquired the defense operations of Gayston Corp., a small company with precision manufacturing capabilities for munitions programs. Terms of the deal were not […]

Deltek [PROJ] yesterday said that the private equity firm Thoma Bravo, LLC, has agreed to acquire it for $1.1 billion in cash in a deal that will take the enterprise […]

The Army is beginning to expand its Network Integration Evaluation (NIE) events beyond purely network activities, by issuing through the System of Systems Integration (SoSI) Directorate a supplemental sources sought […]