Business/Financial
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Business/FinancialFluor Nixes Planned Sale of Gov Biz, Including Civilian Nuke Contracts
Engineering and procurement giant Fluor [FLR] reversed course and decided not sell its government contracting business, which has contracts with Department of Energy’s nuclear weapons complex, and Department of Defense, the […]
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Business/FinancialNNSA to Contract for More JASON Work by April
The Department of Energy plans to issue the MITRE Corp.-funded JASON group of civilian scientists more nuclear security work by the end of April, according to a procurement note published […]
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Unmanned SystemsPetters Touts HII’s Position In Emerging Unmanned Space; Strong Growth Forecast
The pending acquisition of a developer and manufacture of small, medium and large unmanned underwater vehicles (UUVs) coupled with existing capabilities in extra-large UUVs has Huntington Ingalls Industries [HII] well […]
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Business/FinancialHuntington Ingalls’ Sales Up, Profits Down In Fourth Quarter; Will Divest Oil And Gas Business
Huntington Ingalls Industries [HII] on Thursday posted lower fourth quarter earnings despite a strong increase in sales due in part to an impairment charge stemming from the company’s decision to […]
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Business/FinancialFederal Technology Services Provider Applied Insight Acquires DAE
Applied Insight (AI) on Wednesday said it has acquired Digital Age Experts, LLC (DAE), expanding its capabilities in cloud services for the federal government and boosting its position with defense […]
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Business/FinancialShip Repair Company Titan Acquisition Acquires Huntington Ingalls’ San Diego Yard
Titan Acquisition Holdings, which was formed last year through the acquisition of two ship repair companies, on Wednesday said it has agreed to acquire a majority interest in Huntington Ingalls […]
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Business/FinancialPrivate Equity Firm AE Industrial Partners Acquires American Pacific
The private equity firm AE Industrial Partners (AEI) last Thursday said it has acquired specialty chemicals manufacturer American Pacific Corporation, which services the defense, space, pharmaceutical and fire suppression markets. […]
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Business/FinancialSAIC Acquiring Unisys Federal To Better Position For Government IT Modernization
Science Applications International Corp. [SAIC] on Thursday said it has agreed to acquire the federal division of Unisys [UIS] for $1.2 billion in cash in a deal that strengthens commercial […]
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Business/FinancialBedingfield Departing As Northrop Grumman CFO; Former CSRA Finance Chief Will Succeed
Northrop Grumman [NOC] on Thursday said its board has elected David Keffer as its new chief financial officer effective Feb. 17, succeeding Kenneth Bedingfield who will remain with the company […]
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Business/FinancialU.K. Autonomous Vessel Systems Provider Sonardyne Acquires Underwater Imaging Firm
Sonardyne International on Tuesday said it has acquired underwater imaging and inspection specialist 2G Robotics, adding to its capabilities in subsea products and services. Terms of the deal were not […]