Business/Financial
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Business/FinancialFLIR Deal Gives Teledyne Comprehensive Unmanned Systems Portfolio
Teledyne Technologies’ [TDY] acquisition this month of FLIR did more than dramatically expand its portfolio of sensor capabilities, it expanded the company’s suite of unmanned systems that now range from […]
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Business/FinancialLockheed Martin Names Sanchez To Lead Integrated Fighter Group
Lockheed Martin [LMT] on Monday named OJ Sanchez as the new vice president and general manager for the Integrated Fighter Group (IFG) within the Aeronautics segment. Sanchez succeeds Bridget Lauderdale […]
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Business/FinancialTech Developments
Viken Partners with OptiSolve on Product to Detect Surface Contamination Viken Detection says it has partnered with OptiSolve Ltd. to help it develop the OptiSolve Pathfinder, a new proprietary surface […]
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Business/FinancialEarnings News & Notes
OSI Systems [OSIS] 3Q21 3Q20 Sales $283.8M $292.9M Net Inc. $18.8M, $1.03 $19.6M, $1.06 Sales tumbled fell 3% on a 19% decline in revenue in the Security segment due largely […]
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Business/FinancialLiberty Defense Plans to Bring New AIT, Shoe Scanning Technology to Market Soon
With exclusive technology licenses in hand, Liberty Defense within the next 18 months or so plans to bring new capabilities to body scanners deployed at airports worldwide that would improve […]
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ArmyRheinmetall Opens New Facility In Michigan As It Prepares For Army’s OMFV Competition
Germany’s Rheinmetall announced its U.S.-based subsidiary, American Rheinmetall Vehicles (ARV), has opened a new facility in Sterling Heights, Mich. as it prepares to compete for the Army’s Optionally Manned Fighting […]
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Business/FinancialNoblis Acquires McKean Defense, Expanding Reach Into Navy
The federal technical and advisory solutions company Noblis on Monday said it has acquired McKean Defense in a deal that expands its defense work, particularly with the Navy, and significantly […]
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Business/FinancialBooz Allen Hamilton To Acquire Digital Solutions Provider Liberty IT
Booz Allen Hamilton [BAH] on Tuesday said it has agreed to acquire federal information technology (IT) provider Liberty IT Solutions for $725 million in cash in a deal aimed at […]
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Business/FinancialAeroVironment Closes Deal For Telerob, Awaits Air Force Decision On EOD Robotic Program
AeroVironment [AVAV] on Tuesday said it closed its $45.4 million acquisition of German unmanned ground vehicles (UGV) developer and manufacturer Telerob, adding another dimension to its portfolio of robotic systems. […]
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Business/FinancialLeidos Posts Strong First Quarter Financial Results
Leidos [LDOS] on Tuesday reported a strong opening to its fiscal year with broad strength across its portfolio of health, defense and civil businesses combined with contributions from recent acquisitions. […]