Business/Financial
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Business/FinancialManTech Acquires IT Services Provider TranTech
ManTech International [MANT] this week said it has acquired TranTech, Inc., a provider of information technology (IT), networking and cyber security services to the federal government that has a prime […]
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Business/FinancialIn First Public Financial Report, Booz Allen Posts Higher Earnings And Sales
By Calvin Biesecker Booz Allen Hamilton [BAH] yesterday reported higher third quarter and earnings driven by growth in all of its market segments and a tax benefit. The earnings report […]
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Business/FinancialNorthrop Grumman’s Earnings, Sales Slip In Fourth Quarter
By Calvin Biesecker Northrop Grumman [NOC] yesterday posted lower net earnings in the fourth quarter due to a debt retirement charge and a lack of income from its discontinued operations, […]
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Business/FinancialSRA’s Earnings Dip Despite Modest Sales Gain
SRA International [SRX] yesterday said its second quarter net income fell slightly due to a severance charge and higher taxes although sales grew modestly due to acquisitions. Net income dipped […]
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Business/FinancialKratos To Acquire Herley Industries For $270 Million
Kratos Defense & Security Solutions [KTOS] yesterday said it has agreed to acquire Herley Industries [HRLY] for $19 per share, or about $270 million in cash, giving it design and […]
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Business/FinancialGD Announces New Share Repurchase Authorization
General Dynamics [GD] yesterday said its board of directors has authorized management to repurchase up to 10 million shares of the company’s common stock on the open market. The authorization […]
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Business/FinancialATK’s Third Quarter Earnings And Sales Fall
By Calvin Biesecker ATK [ATK] yesterday said its third quarter earnings fell due to a charge related to development work the company is doing on composite structures for the Airbus […]
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Business/FinancialCurtiss-Wright To Acquire BASF’s Surface Technologies Business
Curtiss-Wright Corp. [CW] this week said it has agreed to the surface technologies business from the German chemical firm BASF, expanding its current capabilities in coatings technology. Terms of the […]
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Business/FinancialCACI Posts Record Quarterly Financial Results
CACI International [CACI] yesterday reported record quarterly income and sales due to strong operating performance, cost controls and growth in its core areas. Net income in the company’s second quarter […]
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Business/FinancialAlcoa To Acquire Aerospace Fastener Business of TransDigm Group
Alcoa [AA] yesterday said it has agreed to acquire the aerospace fasteners business of TransDigm Group for $240 million in a deal aimed at accelerating its growth in the fastening […]