Business/Financial

Britain’s Chemring Group last week said that the private equity firm The Carlyle Group has expressed its interest in acquiring the company with a decision expected next month. Chemring said […]

Accenture Federal Services [ACN] yesterday said the company completed deployment of the General Fund Enterprise Business System (GFEBS) in July, and the enterprise resource planning system is now operational. The […]

The Department of Homeland Security’s (DHS) program that uses biometrics to verify the identities of foreign nationals seeking to enter the United States continues to expand and grow in complexity, […]

Six competitors are awaiting the potential award of as many as three engineering and manufacturing development (EMD) contracts for the planned Army-Marine Joint Light Tactical Vehicle (JLTV) program. The goal […]

Canada’s CGI Group [GIB] yesterday said it has completed its $2.7 billion acquisition of Britain’s Logica in a deal that expands its presence in the Americas, Europe and Asia and […]

Harris [HRS] yesterday said retired Army Gen. Peter Chiarelli has been appointed to its Board of Directors, effective immediately. Chiarelli, who served for almost 40 years, was Army Vice Chief of […]

Army engineers are taking a look at robotic systems, including Lockheed Martin’s [LMT] Squad Mission Support System (SMSS), to see if they can conduct counter-improvised explosive devices (IED) missions, something […]

Eaton Corp. [ETN] yesterday said it has been selected by the Defense Logistics Agency (DLA) to provide Arc-Alert™ aircraft fault-protection technology as part of a military retrofit program. The value […]

The Defense Department awarded Accenture [ACN] a two-year contract to identify ways that will improve supply chain forecasting techniques throughout the military, according to a company statement. Accenture said it […]

Senators are offering clashing proposals for moving forward with stalled cybersecurity legislation as President Barack Obama weighs going around Congress and creating measures for businesses to better protect their networks. Senate supporters of […]