Business/Financial
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InternationalBiden Executive Order Restricts U.S. Investment In Some Chinese Advanced Technologies
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 […]
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Business/FinancialJacobs Reports Lower Earnings, Higher Revenue in its Third Fiscal Quarter
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 […]
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Business/FinancialEarnings and Revenue Rise at Parsons In Second Quarter
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 […]
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Business/FinancialDefense Department, Other Agencies Propose Rule For Buying Sustainable Products
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 […]
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Business/FinancialHII’s Mission Technologies Nabs $1.4 Billion J-NEEO Contract
HII [HII] on Wednesday said its Mission Technologies segment won the $1.4 billion Joint Network Engineering and Emerging Operations (J-NEEO) task order, which support a program office within the Defense […]
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Business/FinancialEarnings Tumble At HII Amid Solid Sales In Second Quarter
HII [HII] on Thursday reported lower earnings in the second quarter on a steep drop in operating income at two of its business segments despite a solid increase in sales. […]
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Business/FinancialLegal, Tax Benefits Drive Leonardo DRS To Strong Earnings In Second Quarter
Leonardo DRS [DRS] on Wednesday reported strong earnings in its second quarter due to benefit from a legal reversal and a tax benefit from research and development credits while sales […]
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Business/FinancialNew Leidos CEO Outlines Areas For Improvement; Reports Strong Second Quarter Results
Leidos [LDOS] can better leverage prior acquisitions, some of which have not fulfilled their original business case, the company’s financial performance at times has been subpar and it needs more […]
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Business/FinancialManTech To Acquire Digital Technology Services Firm Definitive Logic
ManTech International Corp. on Tuesday said it has agreed to acquire Definitive Logic, which provides consultative and technology solutions around digital transformation to companies in the defense, homeland security, and […]
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Business/FinancialEpirus And Anduril Integrate Leonidas With Lattice Security Management Platform
Epirus last Thursday said it and Anduril Industries this month completed the integration of Epirus’ Leonidas high-powered microwave counter-drone system with Anduril’s Lattice command and control platform as part a […]