Business/Financial
-
Business/FinancialWith Eyes On Performance And Profits, Boeing Streamlines Defense Business
Boeing [BA] on Thursday announced a consolidation and streamlining of its $26 billion defense unit, which has struggled with a slew of performance issues the past few years that have […]
-
Business/FinancialLockheed Martin Adopting Microsoft’s Secret Cloud To Advance Security Vision
Lockheed Martin [LMT] on Wednesday said it is expanding an existing relationship with Microsoft [MSFT] to advance the defense company’s vision for 21st Century Security by joining the technology giant’s […]
-
Business/FinancialBoeing-Fueled Investment Platform Helps Fund Seed Round In Solestial
AE Industrial Partners (AEI) on Wednesday said its venture capital investment platform that includes Boeing [BA] has participated in an oversubscribed $10 million seed funding round in Solestial, a small […]
-
Business/FinancialAE Industrial Partners Acquires Majority Stake In York Space Systems
The private equity firm AE Industrial Partners (AEI) on Monday said it has completed its purchase of a majority stake in York Space Systems, a manufacturer of small satellites, related […]
Tagged in: -
Business/FinancialBollinger Completes Acquisition Of Halter Marine
Bollinger Shipyards on Monday said it has completed its acquisition of ST Engineering’s shipyard and ship repair businesses in Mississippi, adding Coast Guard and Navy shipbuilding programs and expanding its […]
Tagged in: -
Business/Financial
GDIT Forms Industry Coalition To Accelerate 5G Across Government
General Dynamics [GD] said on Thursday it has formed an industry coalition of technology provider to accelerate the adoption of 5G and edge technologies across the government space. The 5G […]
Tagged in: -
Business/FinancialBWXT Reports Better Q3 Earnings; Casts Eye on Prize at Hanford
Earnings rose at BWX Technologies [BWXT], Lynchburg, Va., in the third quarter, which the nuclear contractor attributed during a Monday earnings report to growth throughout its naval, weapons cleanup and […]
Tagged in: -
Business/FinancialPCX Aerosystems Acquires Timken’s Aerospace Drive Systems Unit
PCX Aerosystems on Monday said it has acquired Timken Aerospace Drive Systems (ADS), which provides aerospace transmission assemblies, gear boxes, flight critical components and overhaul and repair services for the […]
Tagged in: -
Business/FinancialBollinger To Acquire Halter Marine, Gaining Polar Security Cutter Program
Bollinger Shipyards on Sunday evening said it has agreed to acquire VT Halter Marine and ST Engineering Halter Marine Offshore (STEHMO) in a deal that would give it the Coast […]
Tagged in: -
Business/FinancialMaxar Acquires Wovenware To Strengthen AI Capabilities
The commercial remote sensing company Maxar Technologies [MAXR] on Thursday said it acquired Wovenware, which specializes in artificial intelligence and software developing, and will make the Puerto Rico-based company one […]