Business/Financial
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Business/FinancialKKR To Acquire CIRCOR International For $1.6 Billion
The investment firm KKR Corp. [KKR] on Monday said it has agreed to acquire flow control products supplier CIRCOR International [CIR] for $1.6 billion in cash. The acquisition has been […]
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Business/FinancialSAIC Posts Strong Earnings In First Quarter
Science Applications International Corp. [SAIC] on Monday reported strong earnings in its first quarter of fiscal year 2024 driven by lower indirect, acquisition and integration costs, and a gain from […]
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Business/FinancialSafran Confirms Bid To Acquire Raytheon Technologies’ Actuation Business
France’s Safran Group on Monday confirmed a media report that it is in discussions to acquire a business of Raytheon Technologies [RTX] that supplies flight control and other actuators for […]
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Business/Financial3D Printing Company Fortify Receives Investment From Lockheed And Raytheon
The additive manufacturing company Fortify on Thursday said it has secured $12.5 million in funding from investors, including a second round from Lockheed Martin [LMT] and an investment from Raytheon […]
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Business/FinancialAnduril Partners With Japanese Companies To Expand Further In Asia-Pacific Region
Anduril Industries on Tuesday evening said it is partnering with three Japanese companies to aid its push into that country’s defense market. Anduril signed memorandums of understanding with Sumitomo Aero-Systems […]
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Business/FinancialNGA Selects Five Companies To Compete For $947 Million In Support Work
The National Geospatial-Intelligence Agency (NGA) last Friday selected five small companies to compete for enterprise management support work under a potential $947 million contract. Credence Dynamo Solutions, Compass Inc., Exacta […]
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Business/FinancialContractors Asking About Prompt Payment Act, As Default Specter Looms
Unlike a federal government shutdown, a default would not halt fiscal 2023 appropriations, and large defense contractors’ cash reserves could help tide those companies over, yet downstream effects of a […]
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Business/FinancialKeene To Retire From SAIC; Former CGI Federal President Townes-Whitley To Be CEO
Science Applications International Corp. [SAIC] on Thursday said that Nazzic Keene, the company’s CEO since 2019 and a board member, will retire Oct. 1 and be succeeded by Tone Townes-Whitley, […]
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CyberCybersecurity Firm SpiderOak Gets New Investments From Accenture, Raytheon Technologies
The cybersecurity firm SpiderOak, which is focused on protecting data related to space systems, has received a new round of investments from Accenture [ACN], Raytheon Technologies [RTX], and Stellar Ventures […]
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Business/FinancialGD’s IT Business Launches Tech Investment Strategy
General Dynamics Information Technology (GDIT) this week said it has launched an information technology strategy to advance research and technology capabilities, bolster its talent, and expand partnerships with commercial technology […]