Business/Financial
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Business/FinancialCurtiss-Wright Closes Deal For PacStar
Curtiss-Wright Corp. [CW] on Monday said it has completed its $400 million acquisition of Pacific Star Communications, Inc. (PacStar), a deal that positions it as a key supplier of tactical […]
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Business/FinancialTE Connectivity Acquires Relay Manufacturer For Aerospace, Defense Applications
TE Connectivity [TE] on Monday said it has acquired DRI Relays, Inc., a designer and manufacturer of electro-mechanical relays and other devices for long-life applications in harsh environments, including the […]
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Business/FinancialBelcan Acquires Federal IT Services Provider Telesis
Belcan, LLC on Monday said it has acquired Telesis Corp., a deal that helps scale up the company’s federal information technology (IT) services. Terms of the acquisition were not disclosed. […]
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Business/FinancialAcquisitions Propel Leidos To Record Third Quarter Growth, Company Sees Strong 2021
Leidos [LDOS] on Monday posted record sales driven mainly by two acquisitions earlier this year and the company mustered a slight increase in organic growth, overcoming headwinds related to the […]
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Business/Financial
Krone Puts Real Estate, Trade Shows Under Review For Post-COVID World To Boost Margin
Leidos [LDOS] Chairman and CEO Roger Krone on Monday said that lessons being learned about doing business during the ongoing pandemic are demonstrating areas where the company will be able […]
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Business/FinancialTaxes Take A Bite Out Of L3Harris’ Income, Sales Eke Out A Gain In Third Quarter
L3Harris Technologies [LHX] last Friday posted a slight decline in third quarter earnings due to higher taxes and sales edged up despite headwinds from the coronavirus and the sale of […]
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Business/FinancialArlington Capital Forms New Defense Company BlueHalo
The private equity firm Arlington Capital Partners on Thursday said it has formed a new defense company, BlueHalo, through the acquisition of five other defense companies. On its website, BlueHalo […]
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Business/FinancialGeneral Atomics Acquires Optical Systems Developer
General Atomics on Wednesday said it has acquired Guidestar Optical Systems, Inc., a developer of advanced optical solutions in challenging environments. Terms of the deal were not disclosed. Guidestar, based […]
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Business/FinancialRedwire Acquires Small Satellite Technology Company Roccor
Space solutions company Redwire on Thursday said it has acquired Roccor, a designer and manufacturer of subsystems and products for small satellites, giving the company a portfolio of new capabilities. […]
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Business/FinancialParsons To Acquire Braxton Group, Expanding Capabilities In Space
Parsons Corp. [PSN] on Thursday said it has agreed to acquire Braxton Science & Technology Group (BSTG) for $300 million in a deal that expands its capabilities in the growing […]