Business/Financial
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Business/FinancialGreystones Group Acquires IP For Data Analytics Software
Greystones Group, a woman-owned small business, said it has acquired the intellectual property for a proprietary advanced data analytics software it plans to market to federal agencies for mission critical […]
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Business/FinancialRaytheon, SpiderOak Partner To Secure LEO Satellite Communications
Raytheon Technologies [RTX] this week said it has formed a strategic partnership with SpiderOak, a provider of cybersecurity solutions for space systems, to develop and field new zero-trust systems for […]
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Business/FinancialHII Nabs Nearly $2 Billion In Support, Sub Construction Awards
HII [HII] on Tuesday announced $1.9 billion in contract awards, including $1.3 billion in support of U.S. Africa Command in support of life-saving operations. The USAFRICOM award was to HII’s […]
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Business/FinancialDefense Industry Healthy Despite Constant Budgetary Pressures, DoD-Backed Study Says
The defense industry is financial healthy and its financial performance improved from 2010 to 2019 versus the prior decade despite worsening budgetary restrictions such as longer continuing resolutions, sequestration and […]
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Business/FinancialAtherton Named To Lead Textron’s Bell Segment
Textron Inc. [TXT] on Monday said that Lisa Atherton, chief operating officer (COO) at the company’s Bell segment, has been named president and CEO of the segment effective April 28, […]
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SpaceSpace Security Company True Anomaly Emerges From Shadow With $30 Million In Financing
True Anomaly, Inc., a year-old company focused on space security, domain awareness, and training, on Thursday said it has raised $30 million in funding so far and plans to launch […]
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Business/FinancialFairbanks Morse Defense Launches Program To Nurture And Leverage Emerging Tech Companies
NATIONAL HARBOR, Md.—Naval ship engine manufacturer, equipment and services provider Fairbanks Morse Defense (FMD) has begun a program to mentor, partner with and aid startup companies and small businesses that […]
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Navy/USMCNorthrop Grumman Announces Teammates For Navy TACAMO Recap
NATIONAL HARBOR, Md.—Lockheed Martin [LMT], Raytheon Technologies [RTX] and small businesses Crescent Systems and Long Wave have joined prime contractor Northrop Grumman [NOC] in pursuit of the Navy’s new program […]
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Business/FinancialBlueHalo Adds To Counter-Drone Portfolio With Acquisition Of Verus Technology Group
BlueHalo on Monday said it has acquired Verus Technology Group, a small company that provides counter-unmanned aircraft system (C-UAS) products based on radio frequency and digital signal processing technologies. Terms […]
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ArmyBAE Systems Details Moves To Expand AMPV, ACV Production Capacity At York Facility
HUNTSVILLE, Ala. — BAE Systems is moving portions of its production work to other facilities to ensure its York, Pennsylvania manufacturing site has expanded capacity to build the Army’s Armored […]
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