Business/Financial

Over 60 percent of executives in the aerospace and defense industry (A&D) say their companies will be part of a merger or acquisition in the next two years and many […]

Boeing [BA] yesterday said it has agreed to acquire a small information technology (IT) firm serving the U.S. government and the intelligence community that specializes in helping its customers access, […]

SAIC [SAI] yesterday said it has agreed to acquire Vitalize Consulting Solutions, Inc. (VCS) to boost its position in the healthcare space, particularly by providing its federal customers with commercial […]

The Department of Homeland Security (DHS) has not had the same “significant” budget increases as other national security agencies have in the post-9/11 era, which means it has less “cushion” […]

The private equity firm Providence Equity Partners has completed its nearly $2 billion purchase of SRA International, taking the publicly traded company private. SRA was founded in 1978 and went […]

Northrop Grumman [NOC] President and CEO Wes Bush yesterday was named the company’s chairman effective immediately. Bush succeeds Lew Coleman, who has served as non-executive chairman since January 2010. Coleman, […]

The House Armed Services Committee (HASC) chairman blasted yesterday a bipartisan Senate plan for cutting the deficit that he said calls for $866 billion in security cuts over 10 years. […]

Similar to a move it made a year ago, Lockheed Martin [LMT] yesterday announced a voluntary layoff program for its corporate headquarters and related enterprise business support staff in an […]

L-1 Identity Solutions [ID] yesterday that a United States oversight group has approved its acquisition by France’s Safran Group with the deal expected to close within five business days. L-1 […]

The nominee to serve in a top global-strategy post at the Pentagon said yesterday she views some malicious infiltrations of computer networks as acts of war that could potentially warrant […]