Business/Financial

SRA International [SRX] yesterday said it has completed its $90 million acquisition of the software development firm Platinum Solutions, boosting its systems business. SRA, which first announced the deal in […]

Boeing [BA] this week said it has agreed to acquire CDM Technologies, a provider of real-time transportation and logistics planning systems for the U.S. military, adding to capabilities the company […]

Cubic Corp. [CUB] yesterday said it has agreed to acquired Abraxas Corp., a provider of risk mitigation and subject matter expertise in the national security and cyber security arenas, for […]

By Calvin Biesecker The federal government continues to procure more work from professional services firms in terms of federal spending but overall the percentage of spending on these services is […]

Kaman Corp. [KAMN] last week said it has agreed to acquire Global Aerosystems, LLC, a provider of aerostructure engineering design analysis and Federal Aviation Administration certification services to the aerospace […]

Northrop Grumman [NOC] on Friday said it has laid off 380 salaried employees at its shipyard in Newport News, Va., due to the completion of major milestones on existing contracts, […]

Britain’s AEA Technology Group plc this week said it has acquired Eastern Research Group (ERG), an environmental and health and safety consulting firm that is expanding its presence in the […]

By Emelie Rutherford Observers trying to gauge how newly elected Tea Party candidates will impact the debate over defense spending said they expect such lawmakers to generally support a strong […]

By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported higher second quarter net income as a result of a favorable tax settlement, as sales and operating profits were flat. Based on […]

Raytheon [RTN] yesterday said it has acquired Trusted Computer Solutions (TCS), a firm specializing in cross domain, operating system and network security solutions, adding to capabilities in cyber security. Raytheon […]