Business/Financial
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Business/FinancialManTech Gives Its Group Presidents Additional Responsibilities
ManTech International [MANT] yesterday said its operating group presidents will now take on the added responsibility of chief operating officer (COO) for their organizations. "We believe that this new management […]
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Business/FinancialExperience Helping Drive Lockheed Martin’s CANES Effort
By Geoff Fein The two teams competing for the Navy’s Consolidated Afloat Networks and Enterprise Services (CANES) contract are both taking different approaches to how they look to reduce infrastructure […]
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Business/FinancialApplied Energetics, L-3 Unit Team To Pursue DoD Counter-IED Work
Applied Energetics, Inc. [AERG] and L-3 Communications [LLL] Interstate Electronics Corp. (IEC) yesterday said they have entered a strategic teaming agreement to pursue Defense Department contracts related to counter-improvised explosive […]
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Business/FinancialCACI Posts Strong Fourth Quarter, Fiscal Year Results
By Calvin Biesecker CACI International [CAI] on Monday reported strong fourth quarter financial results driven by growth in its core businesses, particularly intelligence services, program performance and lower interest expenses […]
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Business/FinancialCGI Closes Acquisition of Stanley
Canada’s CGI Group [GIB] yesterday said it has completed its $1.1 billion purchase of Stanley, Inc., significantly boosting its presence in the United States federal contracting market. CGI first announced […]
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Business/FinancialSAIC Completes Purchase of Reveal Imaging
SAIC [SAI] on Monday said it has completed its acquisition of Reveal Imaging Technologies, giving it a solid foundation in a niche of the aviation security market for detecting explosives […]
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Business/FinancialGD Unit Teams with Bivio Networks on Cyber Defenses
General Dynamics [GD] yesterday said its Advanced Information Systems business has partnered with network systems provider Bivio Networks to deliver cybersecurity solutions for the public and private sectors. GD said […]
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Business/FinancialNavy-DARPA Effort Using Lasers For Sub Comms At Speed And Depth
By Geoff Fein While the Navy is developing communication buoys to enable submarines to pass data while at speed and depth, a Defense Advanced Research Projects Agency (DARPA) effort is […]
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Business/FinancialFLIR To Buy ICx Technologies, Bolstering Surveillance And Detection
By Calvin Biesecker FLIR Corp. [FLIR], a leader in imaging systems for surveillance and targeting for government and commercial customers, yesterday said it has agreed to acquire ICx Technologies [ICXT] […]
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Business/FinancialMalware Threats Increasing Exponentially, McAfee Report Says
By Geoff Fein Malware on computer networks reached its highest levels in the first six months of 2010, making this the most active half-year ever for malware production, according to […]