Business/Financial
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Business/FinancialLockheed Martin Delivers Strong Second Quarter, Raises Outlook
Lockheed Martin [LMT] on Tuesday posted double-digit percentage gains to its top and bottom lines in the second quarter driven by strong operating results across its business segments and the […]
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Business/FinancialNorthrop Grumman Partners With Startup Firm Epirus To Leverage Tech For C-UAS Platforms
Northrop Grumman [NOC] announced Monday it is partnering with start-up venture Epirus to leverage its Electromagnetic Pulse (EMP) capability for its own counter-drone solutions. “The agreement augments Northrop Grumman’s advanced […]
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Business/FinancialNorthrop Grumman Completes Multi-Mission Demo Of Firebird System
Northrop Grumman [NOC] this week said it recently completed a four-day, multi-mission demonstration of its Firebird optionally-piloted intelligence and surveillance aircraft platform, featuring the rapid integration of a new sensor […]
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Business/FinancialCanada’s Calian Acquires Norway-Based Training Company
Canada-based Calian Group last week said it has acquired Comprehensive Training Solutions International (CTS), a Norway-based company that provides training services for defense and civil customers. A spokesman for Calian […]
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Unmanned SystemsDoD Investing $84.4 Million To Bolster UAS, Space, Shipbuilding Industrial Bases
The Pentagon last Friday announced seven new actions through Defense Production Act Title III to sustain and strengthen essential domestic industrial base capabilities in the small unmanned aircraft systems (sUAS), […]
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Navy/USMCBath Iron Works Starts Layoffs Amid Strike, Admits Production “Well Below” Typical
General Dynamics’ Bath Iron Works [GD] (BIW) president Dirk Lesko announced layoffs and production staying below typical operations due to the continued strike by Local S6 of the Machinists Union. […]
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Business/FinancialArlington Capital Acquires Government Services Provider J&J Worldwide
The private equity firm Arlington Capital Partners on Wednesday said it has acquired J&J Worldwide Services, a provider of a range of services to the Defense Department. Terms of the […]
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Business/FinancialLeidos Nabs $960 Million CBP Award For Traveler Processing
Leidos [LDOS] on Wednesday said it has received a potential five-year, $960 million award from Customs and Border Protection (CBP) to supply software and specialized equipment for the processing and […]
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Business/FinancialAmazon Pushes Further into Space With New AWS Business Segment
Amazon Web Services (AWS) on Tuesday launched a new business segment dedicated to serving the aerospace and satellite industry. The new AWS Aerospace and Satellite Solutions division will be led […]
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Business/FinancialDHS Plans FirstSource III Solicitation This Fall For IT Products And Services
The Department of Homeland Security on Tuesday released an updated statement of work and timeline for its upcoming small business procurement of information technology products and services under the FirstSource […]