TYSONS CORNER, VA, November 3, 2015 — BAE Systems will put an investment of $31.85 million into the U.K.-based firm Reaction Engines for the development of new aerospace engines under a working partner and supplier partnership, ExecutiveBiz reported Monday. BAE said Monday the partnership covers the development of the Sabre engine class and a potential acquisition of
Red Hat‘s (NYSE: RHT) board of directors has approved a plan to buy back up to $300 million of its common stock as the company says it has completed a separate repurchase program, also priced at $300 million. The open source provider has $1.3 billion in cash and investments as of Feb. 28 and plans
QinetiQ Financial Director David Mellors bought 105 company shares at $118.76 per share and was awarded 35 matching shares on June 9, 2011. Mellor now holds 26, 318 QinetiQ shares.