Business/Financial
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Business/FinancialBooz Allen Adds Shift5’s Operational Tech Awareness Tools
Booz Allen Hamilton [BAH] and Shift5 on Tuesday announced a strategic partnership that integrates Shift5’s technology that collects data on networks and platforms such as weapon systems into Booz Allen’s […]
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Business/FinancialX-Bow Acquires Spencer Composites, Bringing Motor Case Supplier In-House
Rocket developer and manufacturer X-Bow Systems on Tuesday said it has acquired Spencer Composites in a deal that brings in-house the company’s supplier of motor cases for hypersonic rockets. Terms […]
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Business/FinancialBoeing To Bring Defense-Related Work In-House, Add Some With Spirit Deal
Boeing [BA] on Monday said it has agreed to acquire the commercial operations of the Spirit AeroSystems [SPR] that support its programs and additional commercial, defense and aftermarket operations, in […]
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Business/FinancialBoeing Bets On Next-Generation Aircraft Work With Investment In New Phantom Works Facility
ST. LOUIS—With potentially high dollar contracts looming, Boeing [BA] is moving out on a $1.8 billion-plus investment to build a 1.1 million square-foot factory, where it expects to develop and […]
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Business/FinancialSubcontractor, Prime, Partner Roles All Part Of Boeing’s New Go-To-Market Approach In Defense
St. LOUIS–Broadening its focus on pursuing defense business opportunities with its platforms as a prime contractor, Boeing [BA] is expanding its go-to-market strategy to include partnering with other companies as […]
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Business/FinancialNational Security Reform Program Established by Stimson Center
The Stimson Center has established the National Security Reform Program as a vehicle to expose “waste in the military budget while offering pragmatic, forward-thinking perspectives on security policy issues – […]
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Business/FinancialSafran Agrees To Acquire GEOINT AI Company Preligens
France’s Safran on Monday said it has entered exclusive discussion to acquire Preligens, a small company that develops artificial intelligence to automate the analysis of geospatial intelligence (GEOINT) such as […]
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Business/FinancialLockheed Martin To Pay $70 Million To Settle False Claims Act Allegations
The Justice Department on Friday said that two Lockheed Martin [LMT] business units have agreed to pay $70 million to settle allegations they overcharged for spare parts related to Navy […]
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Business/FinancialSouth Korea’s Hanwha To Acquire Philly Shipyard
South Korea’s Hanwha conglomerate agreed to purchase the Norwegian-owned Philly Shipyard, the latter said on Thursday. The transaction will involve Hanwha Group business segments Hanwha Systems and shipbuilder Hanwha Ocean […]
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Advanced / Transformational TechnologyBAE Collaborating With GlobalFoundries On Chip Development
Britain’s BAE Systems and U.S. semiconductor manufacturer GlobalFoundries [GFS] on Thursday said they have agreed to collaborate on research and development in advanced chip technologies to strengthen the supply chain […]