Business/Financial

Lockheed Martin [LMT] yesterday said it has completed its acquisition of QTC Holdings, boosting its work providing healthcare information technology (IT) solutions to the federal government. QTC is the largest […]

Lockheed Martin [LMT] said this week that its Aeronautics segment will lay off 540 employees by the end of this year, with the greatest impacts to be felt at its […]

Lockheed Martin [LMT] yesterday said it has completed its acquisition of QTC Holdings, boosting its work providing healthcare information technology (IT) solutions to the federal government. QTC is the largest […]

A House panel is warning that large Pentagon budget cuts, which could come if lawmakers fail to reach a deficit-cutting plan, would significantly impact funding for maneuver battalions, fighter wings, […]

The Coast Guard last Thursday said it has awarded Bollinger Shipyards a $179.7 million contract to produce four more Sentinel-class Fast Response Cutters (FRCs), raising to 12 the number of […]

The Defense Advanced Research Projects Agency (DARPA) last week said it has awarded Lockheed Martin [LMT] a $10.8 million contract to move into Phase II-B of development of the National […]

After word of the deal began leaking earlier this week, United Technologies [UTX] on Wednesday night said it has agreed to acquire aerospace and defense company Goodrich Corp. [GR] for […]

CACI International [CACI] yesterday said it has agreed to acquire Advanced Programs Group, LLC (APG), a small firm specializing in Oracle [ORCL] information technology services and information security for federal […]

Lockheed Martin [LMT] yesterday boosted its quarterly dividend by 33 percent and authorized up to an additional $2.5 billion in stock repurchases under its stock buy back program. The company’s […]

A think tank is proposing that Pentagon choose up to seven parts of the U.S. defense-industrial base to sustain and then to “ruthlessly” slough off the remaining aspects. The non-partisan Center […]