Business/Financial
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Business/FinancialViasat’s Mark Dankberg to Transition Away from CEO Role
Viasat [VSAT] Chairman and CEO Mark Dankberg, who co-founded the company in 1986 is transitioning into the newly created position as executive chairman of the company. President and COO Rick […]
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Business/FinancialCISA Report Says COVID Stressing ICT Global Supply Chains
The ongoing pandemic has created stress points for the global supply chain for information and communications technology (ICT), in part because company’s lack of deep insight into their supply chains, […]
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Business/FinancialPacific Defense Acquires Technology Firm Spear Research
Pacific Defense on Thursday evening said it has acquired Spear Research, a small New Hampshire-based company focused on electronic warfare, signals intelligence, and autonomous networked sensor systems. Terms of the […]
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Business/FinancialPension Tailwind, Lower Tax Rate Boost Huntington Ingalls In Third Quarter
Huntington Ingalls Industries [HII] on Thursday reported higher earnings and sales in its third quarter, bouncing back from a rough second quarter. Net income increased 44 percent to $222 million, […]
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Business/FinancialIndustry Can Build Three Virginia Subs But Government Must Commit, Petters Says
The nation’s shipyards and their supply chains could build three Virginia-class nuclear attack submarines annually but to create the necessary capacity will require the government to commit to such a […]
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Business/FinancialBAE To Build $100 Million Facility In Iowa For Navigation And Sensor Business
BAE Systems on Thursday said it is investing more than $100 million in a new “state-of-the-art facility” to house its Iowa-based military GPS business it acquired from Raytheon Technologies [RTX] […]
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Business/FinancialBWXT Head Expects SSN(X) Columbia-Sized, Sees Navy Plans Favorable
The top executive of BWX Technologies [BWXT] this week said the next generation of attack submarines will be closer to the Columbia-class ballistic missile submarines in size and the latest […]
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Business/FinancialPrivate Equity Firm Acquires Linkware And Pangiam To Create Travel Security Company
The private equity firm AE Industrial Partners (AEI) on Wednesday said it has acquired federal services provider Linkware, LLC, and Pangiam, a security and travel consulting firm, to create a […]
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Business/FinancialBWXT Earnings Steady in Third Quarter
Lynchburg, Va.-based BWX Technologies [BWXT] hauled in $520 million in revenue during the third quarter, which ended Sept. 30, which is up 3% from the $506 million it took in […]
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Business/FinancialAvon Rubber Acquires Helmet Manufacturer Team Wendy
Britain’s Avon Rubber plc said on Tuesday it has completed its $130 million acquisition of Cleveland-based Team Wendy, a designer and manufacturer of head protection systems for military, law enforcement, […]