Business/Financial

General Electric [GE] on Monday announced plans to split into three separate companies starting in two years with the $22 billion aviation business retaining the legacy parent name, allowing it […]

Viasat [VSAT] will acquire Inmarsat in a $7.3 billion deal that brings together two major satellite operators with businesses in broadband, mobility, and defense. Viasat announced the deal Monday which entails $850 […]

BlueHalo on Monday said it has acquired Citadel Defense in a deal that complements its existing capabilities in countering unmanned aircraft systems (C-UAS) with a family of radio frequency (RF)-based […]

The Biden administration has postponed a deadline from Dec. 8 to Jan. 4 next year for federal contractors, including defense firms, to have their workers on “covered contracts” be fully […]

Huntington Ingalls Industries [HII] on Thursday reported a steep drop in net earnings in the third quarter due mainly to pension headwinds and to a lesser degree by costs related […]

CACI International [CACI] on Wednesday said it has agreed to acquire SA Photonics for $275 million in a deal that complements its existing free space optical (FSO) communications capabilities for […]

Establishing a key bridge toward its goal of leveraging rapid digital advances in the commercial sector to network the future battlespace, Lockheed Martin [LMT] said Tuesday it has partnered with […]

If the federal government sticks to a pending mandate that almost all employees of federal contractors must be vaccinated against COVID-19, it could still take “months” to layoff unvaccinated employees, […]

Leidos [LDOS] on Tuesday followed up a strong second quarter with still strong financial results for its third quarter and the company raised its earnings guidance for the year. Net […]

Despite consistency in the core naval reactors business and good performance from its nuclear-site management contracts with the Department of Energy, COVID-19 dragged down revenue and earnings at BWXT Technologies […]