Business/Financial

Marine Corps officials said the time has come for defense contractors to invest more in weapon technologies, and said they want innovative ideas from anyone who has them. Marine Corps […]

CACI International [CACI] yesterday said it has agreed to acquire a small information technology (IT) firm with expertise in cyber security and application development that also has customers in the […]

Honeywell [HON] yesterday said it has agreed to acquire EMS Technologies, Inc.  [EMLG] for $491 million in cash in a deal that will enhance its capabilities for mobile computing and […]

The Coast Guard last week awarded small contracts to four firms for each to deliver a boat as part of a competitive evaluation under the Cutter Boat Over-The-Horizon-IV (CB-OTH-IV) program. […]

Defense secretary nominee Leon Panetta said yesterday he would consider having contractors share in the cost of overbudget weapons, supports current ship-and-aircraft building goals, and is gravely concerned about cybersecurity. […]

3M [MMM] on Wednesday evening said it has agreed to acquire Advanced Chemistry & Technology, Inc. (AC TECH), a manufacturer of sealants for aerospace applications, boosting its presence in the […]

PRV Aerospace last week acquired Quality Forming, Inc., boosting its capabilities in forming and adding new defense programs to its mix. Terms of the deal were not disclosed. PRV is […]

The engineering and services firm Electronic Consulting Services Inc. (ECS) last month acquired OAK Management, boosting its capabilities in the federal maritime sector. Terms of the deal were not disclosed. […]

Defense watchers will seek insight during Leon Panetta’s confirmation hearing today into how he would treat weapon systems and industry as defense secretary, though the Washington insider offers few details […]

MCR LLC, a small firm specializing in services across a program’s life-cycle, said this week that it has acquired another small professional services firm, JB&A, Inc., in a deal that […]