Business/Financial
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Advanced / Transformational TechnologyBAE To Get $35 Million In CHIPS Funding To Modernize Nashua Microelectronics Center
The Department of Commerce on Monday said it has selected BAE Systems for $35 million in potential funding to modernize the company’s defense-focused Microelectronics Center (MEC) as part of the […]
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Business/FinancialL3Harris Creates Board-Led Panel To Review Operations, Costs, Portfolio
L3Harris Technologies [LHX] on Monday said its has formed a new committee within its board of directors charged with quickly reviewing operational performance, cost structure, its portfolio, and ways to […]
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Business/FinancialU.S., Ukraine Defense Industry Cooperation Includes Co-Production, Data Packages
U.S. defense industrial cooperation with Ukraine will include co-production of weapons and munitions, and technical data exchanges, the White House said Wednesday night after the first day of a conference […]
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Business/FinancialU.S. Standing Up Interagency Team To Help Defense Industry Do Business In Ukraine
The U.S. official charged with helping Ukraine recover economically from its war against Russian invaders on Wednesday said the government will establish a “deal team” to help U.S. companies quickly […]
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Business/FinancialAcclaim Technical Services Acquires Alder Technology
Acclaim Technical Services (ATS), which provides services to the intelligence community (IC), this week said it has acquired Alder Technology Corp., a provider of network engineering and security, and data […]
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Business/FinancialBusinesses Merging With Amentum Credited With Over One-Third of Jacobs Revenue
Jacobs’ [J] government contracting and cybersecurity businesses, which are expected to merge with Virginia-based Amentum in 2024, account for more than a third of the revenue at Jacobs, according to material released […]
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SpaceNRO Awards Five Contracts to Assess, Leverage Commercial Electro-Optical Imagery
The National Reconnaissance Office (NRO) said on Dec. 5 that it has awarded Airbus‘ U.S. space and defense division, Albedo Space, Hydrosat, Muon Space, and Turion Space Strategic Commercial Enhancements […]
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Business/FinancialNew SAIC Chief Targets Higher Organic Growth
Science Applications International Corp. [SAIC] plans to deliver higher organic growth on a sustained basis than it forecast earlier this year with an initial focus on improving business development and […]
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Business/FinancialL3Harris Names Bedingfield New CFO After Stint Leading Epirus
Seasoned defense executive Ken Bedingfield has been named the new chief financial officer (CFO) at L3Harris Technologies [LHX] effective December 11, taking on the same role he held for five […]
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Business/FinancialMission Support Company Arcfield Acquires Orion Space Solutions
Arcfield last week said it has acquired Orion Space Solutions, bolstering its capabilities in space exploration and hypersonic detection and tracking for customers in the Defense Department and intelligence community. […]