Business/Financial

Citing a lack of transparency on the agency’s part, a losing bidder for a major nuclear-weapon sites management contract cried foul in January when the Department of Energy’s National Nuclear […]

Both quarterly and annual net earnings rose at BWX Technologies [BWXT], Lynchburg, Va., the nuclear services provider said in a Tuesday press release. Net earnings for the fourth quarter ended […]

Echodyne, a developer and manufacturer of small, low-cost, low-power commercial radars, on Thursday said it has received a minority investment from Northrop Grumman [NOC] and is partnering with the defense […]

Start-up defense company Epirus on Tuesday said it has raised $200 million in a new investment round that includes General Dynamics’ [GD] Land Systems business, bringing total financing the company […]

EMCORE Corp. [EMKR] on Tuesday said it has agreed to acquire the Space and Navigation business of L3Harris Technologies [LHX] for $5 million in cash in a deal that expands […]

Competition rates for Defense Department contract dollars have dipped a bit the past decade, the DoD says in a new report, which outlines five lines of effort aimed at dealing […]

Leidos [LDOS] on Tuesday ended a strong year with mixed results in its fourth quarter as net income fell despite strong sales growth. Net income in the quarter slid 11 […]

After earning the top ranking in a U.S. government evaluation of software algorithms for face recognition, California-based Paravision is letting it be known that the small company is a force […]

Raytheon Technologies [RTX] on Monday said it has created the position of chief operating officer (COO) and appointed Chris Calio, the current president of the company’s Pratt & Whitney commercial […]

Lockheed Martin [LMT] on Sunday evening just before kickoff at the Super Bowl said it has terminated its agreement to acquire rocket propulsion supplier Aerojet Rocketdyne [AJRD] following the U.S. […]