Business/Financial
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Business/FinancialArmed Services Board Decides In DynCorp’s Favor To Reform T-6 Services Contract
DynCorp International [DI] on Wednesday said a federal appeals tribunal has ruled in its favor over a five-year old contract dispute with the Air Force related to undercharging for maintenance […]
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SpaceSierra Nevada Selects ULA’s Vulcan Centaur for NASA Missions
Sierra Nevada Corp. [SNC] has selected United Launch Alliance’s (ULA) forthcoming launch vehicle to help deliver cargo to the International Space Station beginning in 2021. SNC Chairwoman and President Eren […]
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Business/FinancialAcquisitions Fuel Higher Sales At Parsons In Second Quarter As Income Falls
Parsons [PSN], which went public in May, on Tuesday reported a drop in net income in its second quarter due to higher compensation expense, recent acquisitions, and a difficult comparison […]
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Air ForceBlue Origin Files Pre-Award Protest Against Air Force Launch Services Program
After months of speculation, Blue Origin has filed a pre-award protest to the Government Accountability Office claiming the terms outlined in the Air Force’s Launch Services Procurement (LSP) solicitation impedes […]
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Business/FinancialManTech Acquires H2M, Bolstering Presence With Intelligence Community
ManTech International [MANT] last Thursday said it has acquired H2M Group, a provider of analysis services and solutions to the intelligence community, a deal that bolsters the company’s presence with […]
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Business/FinancialOcto Consulting Acquires Connexta, Expanding Open Source Capabilities, Intel Presence
Federal technology solutions provider Octo Consulting Group last month acquired Connexta in a deal that increases its presence in the intelligence community and Defense Department and expands its capabilities in […]
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Business/FinancialMattis Rejoins Board Of General Dynamics
Former Marine General and Defense Secretary James Mattis has been reelected to the Board of Directors of General Dynamics [GD], where he previously served on the board between August 2013 […]
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Business/FinancialAvon Rubber To Acquire 3M’s Ballistic Protection Business
Britain’s Avon Rubber plc on Wednesday said it has agreed to acquire the U.S.-based ballistic protection business of 3M Corp. [MMM] for $91 million in cash, a deal that complements […]
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Business/FinancialCoast Guard Awards Bollinger $297 Million For Six FRCs
The Coast Guard on Tuesday said it awarded Bollinger Shipyards a $297.4 million contract option for six Fast Response Cutters (FRC) that will be delivered in 2022 and 2023. The […]
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Business/FinancialBWXT Halfway Through submarine Missile Tube Fixes; Threatens Exit From Business
BWX Technologies [BWXT] is now about halfway through repairing 12 submarine missile tubes it welded incorrectly in 2018, Rex Geveden, president and chief executive officer of the Lynchburg, Va., nuclear-hardware […]
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