Business/Financial
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Business/FinancialNorthrop Grumman Shuffles Organization, Leadership
Northrop Grumman on Wednesday announced changes to its organization and leadership it argued will better align portfolios. The company said there will be four modified operating sectors: Aeronautics Systems, Defense […]
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Business/FinancialElbit America Completes $350 Million Acquisition Of Harris’ Night Vision Business
Elbit Systems of America has finalized its $350 million acquisition of Harris Corp.’s night vision business, with the company looking for the partnership to enhance offerings for future F-35 helmet-mounted […]
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Partner ContentSpecial Report: Enduring Legacy – Innovating for the Future
The U.S. Government recently approved the purchase of Harris Night Vision by Elbit Systems of America, LLC, (“Elbit America”) the U.S. subsidiary of Israel’s Elbit Systems Ltd. Adding night vision […] -
Advanced / Transformational TechnologyLockheed Martin to Build New Hypersonics Facility in Alabama
Lockheed Martin [LMT] plans to establish a new facility to support its hypersonic programs in northern Alabama, bringing nearly 300 new jobs to the region over the next three years. […]
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Business/FinancialGeneral Dynamics Shuffles Electric Boat and NASSCO Leadership
General Dynamics [GD] has appointed Kevin Graney, president of GD National Steel and Shipbuilding Company (NASSCO), as president of GD Electric Boat (EB), effective Oct. 1. Concurrently, David Carver, NASSCO’s […]
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Air ForceBoeing Claims Northrop Rejected Potential Partnership on GBSD Program
After several weeks of speculation that the two developers for the Air Force’s next-generation intercontinental ballistic missile system could work together on a path forward, the companies appear to be […]
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InternationalState Department Clears $6.5 Billion F-35A Sale to Poland
The State Department has approved a potential foreign military sale (FMS) worth $6.5 billion of F-35A Joint Strike Fighters to Poland, the department said Sept. 11. The sale, if approved […]
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Business/FinancialPrivate Equity Firm Susquehanna Capital Acquires Majority Stake In McNally Industries
The private equity firm Susquehanna Private Capital, LLC (SPC) on Monday said it has acquired a majority stake in defense and energy system contractor McNally Industries, LLC. SPC acquired Wisconsin-based […]
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Business/FinancialSAIC Wins $950 Million Contract To Support DLA
The Defense Logistics Agency (DLA) last Friday awarded Science Applications International Corp. [SAIC] a potential $950 million contract to provide various construction materials that will be used by the Armed […]
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Business/FinancialSev1Tech Acquires Engineering Solutions And Products
Federal information technology services provider Sev1Tech on Thursday said it has acquired Engineering Solutions and Products (ESP), which provides a range of technology services, in particular to the Army. Terms […]