Business/Financial

The Justice Department last Friday said Booz Allen Hamilton [BAH] has agreed to pay the U.S. government $377.5 million to resolve allegations that it violated federal law by improperly charging […]

France’s Safran Group last Friday said it has agreed to acquire the actuation and flight controls business of Collins Aerospace, an operating segment of RTX [RTX], for $1.8 billion in […]

One of the lessons learned for the Defense Department from the ongoing war in Ukraine is the speed at which commercial technologies can quickly be delivered to the Ukrainians in […]

Since launching a new strategy three years ago to surge Lockheed Martin’s [LMT] adoption of commercial technologies to enhance its solutions for its Defense Department and international customers, the company […]

Lockheed Martin [LMT] on Tuesday posted strong second quarter results driven by strong top and bottom-line gains in its Aeronautics and Space segments and the absence of a pension-related charge […]

The Pentagon and national security leaders have talked up the need to tap into the emerging technologies and capabilities being developed by defense startups but the message has largely fallen […]

LightRidge Solutions on Monday said it has acquired Trident Systems, a developer and producer of space electronics and integrated C4ISR solutions for customers in the national security and federal civilian […]

The top venture capital backed national security startup companies have raised tens of billions of dollars to fund their operations but far less when it comes to winning federal contracts, […]

The defense industrial base (DIB) in general is healthy although less so below the prime contractor level, prompting the Defense Department to ask for input on ways to improve cash […]

HawkEye 360 Inc. said on July 13 that it has raised $58 million in a Series D-1 round of funding from venture capital and private equity firms, including BlackRock [BLK], […]