Parsons Corp. [PSN] on Tuesday said it has acquired Chesapeake Technologies International (CTI) in an $89 million deal that strengthens its position with U.S. Special Operations Forces and in the […] ...

Steve Parker, a long-time Boeing [BA] veteran who has led the company’s defense segment in an acting capacity since last September, has been named president and CEO of the business […] ...

RTX [RTX] is integrating Shield AI’s Hivemind autonomy pilot software into an operational weapon that will allow it to autonomously coordinate and collaborate with other systems equipped with the same […] ...

Jay Malave, who abruptly left Lockheed Martin [LMT] in April as their chief financial officer (CFO), will join Boeing [BA] in the same role in August. Malave on Aug. 15 […] ...

U.S. Navy shipbuilder HII [HII] and enterprise AI application software company C3.ai, Inc. [AI] announced the expansion of their partnership aimed at accelerating shipbuilding throughput. In a Monday announcement, the […] ...

TransDigm Group Inc. [TDG] on Monday said it has agreed to acquire the Simmonds Precision Products business from RTX [RTX] for $765 million, a deal that is in line with […] ...