Business/Financial

Britain’s BAE Systems plc on Thursday said it has agreed to a acquire Ball Corp.’s [BALL] aerospace unit for $5.6 billion and highlighted the business is forecast to generate $2.2 […]

South 8 Technologies, which is developing liquid gas electrolyte technology to power lithium-ion batteries, has received a strategic investment from Lockheed Martin’s [LMT] venture arm to support the commercialization of […]

After serving for nearly two months as the interim chief of Mercury Systems [MRCY], the board of the defense electronics company on Tuesday named Bill Ballhaus as president and CEO, […]

Kratos Defense & Security Solutions [KTOS] and Australia’s Hypersonix last week said they agreed on an exclusive teaming agreement to bring the Australian company’s DART AE hypersonic system to the […]

York Space Systems on Monday said it has completed construction of a new spacecraft manufacturing and testing facility, which will allow the company to double production capacity and build more […]

CACI International [CACI] on Wednesday posted strong overall results in its fourth quarter on a double-digit earnings gain, helping drive solid results overall for the company’s fiscal year 2023. Net […]

President Biden has signed a new executive order restricting U.S. investment in some Chinese advanced technology areas, specifically semiconductors, artificial intelligence and quantum computing, which the administration has said could […]

Earnings fell at Jacobs [J], Dallas, in the third quarter of its fiscal 2023 year as the international engineer company continued to move toward a sale of its government contracting […]

Revenue and earnings rose in the second quarter at Parsons Corp. [PSN], Centreville, Va., buoyed year-over-year by the start of some federal contract work and the 2022 acquisition of cyber […]

Several federal departments and agencies, including the Defense Department, last week proposed a rule that would require agencies to purchase sustainable products and services pursuant to an executive order from […]