Business/Financial
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Business/FinancialNew Navy Organization Taking On Cyber Defense Acquisition
By Geoff Fein As the Navy begins to look at buying technologies to protect its networks, in particular those aboard ships, officials face a number of challenges ranging from the […]
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Business/Financial3M To Acquire Biometric Solutions Provider Cogent Systems
By Calvin Biesecker 3M Corp. [MMM] yesterday said it has agreed to acquire Cogent Systems [COGT], a provider of biometric software matching systems and hardware, for $430 million, complementing its […]
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Business/FinancialAECOM Acquires Security And Intelligence Services Firm McNeil Technologies
AECOM Technology Corp. [ACM] on Friday said it has completed its $355 million acquisition of McNeil Technologies, expanding its presence in the national security arena serving the federal government. "McNeil […]
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Business/FinancialNGSB Looks To Achieve Efficiencies Through Consolidation of Supplier Base
By Geoff Fein Since bringing together all of its shipyards under one roof, Northrop Grumman [NOC] Shipbuilding has pulled together its supplier base under a single vice president to further […]
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Business/FinancialNorthrop Grumman Providing Unlimited Data Rights In CANES Effort
By Geoff Fein Northrop Grumman [NOC] is taking an unusual approach to its Consolidated Afloat Network Enterprise System (CANES) effort by offering up all of its data rights to the […]
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Business/FinancialNavy Won’t Make LCS Award Before Fall, Awaits Further Industry Responses
By Geoff Fein For the first time the Navy has acknowledged that it will likely not meet its goal of awarding a contract for 10 Littoral Combat Ships (LCS) this […]
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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/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/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 […]