Business/Financial

Defense companies’ pause in all political donations by their Political Action Committees (PACs) in the wake of the Jan. 6 attack on the U.S. Capitol is unlikely to disfavor disproportionately […]

The Department of Commerce on Thursday issued an interim rule to secure the nation’s information and communications technology and services (ICTS) supply chain, identifying China, Russia, Iran, North Korea, Cuba […]

VTG on Thursday said it acquired Intelligent Shift, a small company that enhances its digital transformation capabilities and gives it an entrée into the intelligence community. Terms of the deal […]

AeroVironment [AVAV] on Wednesday said it has agreed to acquire Arcturus UAV for $405 million in a deal that will expand its portfolio of unmanned aircraft systems (UAS) into larger […]

The Department of Justice on Tuesday said that Boeing’s [BA] Insitu business unit has agreed to pay $25 million to settle allegations related to overcharging on Defense Department contracts for […]

Smartronix on Monday said it has acquired Datastrong, a developer of data architecture and business analytics solutions for federal and commercial customers, adding capabilities in data analytics and new customers. […]

Boeing [BA] on Thursday agreed to a pay a $2.5 billion fine to resolve the U.S. government’s investigation into the company’s 737 MAX passenger aircraft, which has been grounded since […]

Axiologic Solutions, a provider of information technology solution to the national security and intelligence communities, has acquired Knowledge Link in a deal that nearly doubles the size of the company […]

Israel’s Elbit Systems [ESLT] in December said its U.S. subsidiary Elbit America has agreed to acquire defense contractor Sparton Corp. for $380 million in a deal that expands the company’s […]

Navy and Coast Guard diesel engine manufacturer Fairbanks Morse on Tuesday said it has acquired Ward Leonard Operating, a provider of merger and control solutions for military applications in a […]