Business/Financial
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Business/FinancialAntenna Company Kymeta Acquires Service Provider Lepton Global to Target Defense Customers
Flat panel antenna company Kymeta Corporation has acquired satellite service provider Lepton Global Solutions LLC in a move that executives say will strengthen their go-to-market position with the u8 antenna and Kymeta Connect […]
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Business/FinancialDemocratic Platform Includes Considering Reduced Defense Spending, Continued Investments In New Tech
The Democratic 2020 platform, to be considered at this week’s national convention, calls for looking at reduced spending on defense, while ensuring technology investment to “accelerate defense transformation.” The document […]
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Business/FinancialWith AVT Deal, CACI Builds On Growing Technology Capabilities
The acquisition on Wednesday by CACI International [CACI] of Ascent Vision Technologies (AVT), a developer and supplier of imaging technology and counter-drone systems, further adds to the company’s technology and […]
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Business/FinancialCACI Rounds Out Fiscal Year With Strong Fourth Quarter
CACI International [CACI] on Wednesday after the markets closed reported strong fourth quarter and fiscal year 2020 results marked by operational performance and robust order flow, easily overcoming challenges related […]
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Unmanned SystemsCACI Acquires Drone Security, ISR Technology Company Ascent Vision Technologies
CACI International [CACI] on Wednesday said it has acquired Ascent Vision Technologies (AVT), which develops and produces counter-unmanned aircraft systems (CUAS) and imaging systems for military customers. Terms of the […]
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Business/FinancialLockheed Martin Invests In AI Company Fiddler Labs
Fiddler Labs on Wednesday said it has entered into a strategic collaboration agreement with Lockheed Martin’s [LMT] ventures unit that also includes an investment to help the company further develop, […]
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Business/FinancialGD, Bath Iron Works Union Reach Tentative Deal To End Strike
General Dynamics [GD] and the union representing the company’s employees at Bath Iron Works last Saturday said they have reached a tentative agreement for a new collective bargaining agreement, although […]
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Business/FinancialHelm Change at Outgoing Prime Contractor for DoE Nuke Site
Michelle Reichert will become president of Consolidation Nuclear Security, the outgoing management and operations contractor for the Y-12 National Security Site and the Pantex Plant, next week, the Bechtel National-led […]
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Business/FinancialAfter Closing Military GPS Deal, BAE Looks To Leverage Production Know-How From New Unit
The addition last month of an entrenched military GPS receiver product business by BAE Systems will provide the company with more than just leading products that helps build out its […]
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Business/FinancialHuntington Ingalls Hits Rough Seas In Second Quarter
Huntington Ingalls Industries [HII] on Thursday posted a steep drop in second quarter earnings mainly on charges at its shipyards due to efficiency and staffing challenges, at least some of […]