Category: News

McAleese & Associates: Boeing ‘Self-Funds’ R&D Work on Some Defense ProgramsFinancial Report

McAleese & Associates: Boeing ‘Self-Funds’ R&D Work on Some Defense Programs

A new report by consulting firm McAleese & Associates says Boeing (NYSE: BA) has begun to œself-fund research and development work on some
IBM Strikes $34B Deal for Red Hat; Ginni Rometty, Jim Whitehurst QuotedM&A Activity

IBM Strikes $34B Deal for Red Hat; Ginni Rometty, Jim Whitehurst Quoted

IBM (NYSE: IBM) has agreed to acquire Red Hat (NYSE: RHT) for approximately $34B in a move both companies expect to
Engility Wins $249M DOD Medical & Logistics Contract Spot; Lynn Dugle QuotedContract Awards

Engility Wins $249M DOD Medical & Logistics Contract Spot; Lynn Dugle Quoted

Engility (NYSE: EGL) will compete for task orders to provide logistics, medical and professional services to the Defense Department under a potential $249M
Boeing Gets $204M Navy Contract to Modify F/A-18, EA-18G SystemsContract Awards

Boeing Gets $204M Navy Contract to Modify F/A-18, EA-18G Systems

Boeing (NYSE: BA) has received a potential three-year, $204M contract from Naval Air Systems Command to inspect modify and repair systems of
Navy Taps Six Firms for Design-Build Services Under $240M IDIQContract Awards

Navy Taps Six Firms for Design-Build Services Under $240M IDIQ

Six firms have received spots under a potential five-year, $240M, multiple-award contract for design and construction services in support of
Boeing Secures $132M FA-18 Infrared Sensor Delivery Order From NavyContract Awards

Boeing Secures $132M FA-18 Infrared Sensor Delivery Order From Navy

Boeing (NYSE: BA) has received a potential four-year, $131.6M undefinitized contract to support sensor systems used by the U.S. Navy‘s F/A-18E/F Super Hornet combat
Kathy Warden: Northrop to Merge Two Tech Services Business Areas Into One EntityM&A Activity

Kathy Warden: Northrop to Merge Two Tech Services Business Areas Into One Entity

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC), has said the company will begin in 2019 to consolidate
Textron to Buy Howe & Howe in Autonomous Vehicle Market Push; Lisa Atherton QuotedM&A Activity

Textron to Buy Howe & Howe in Autonomous Vehicle Market Push; Lisa Atherton Quoted

Textron (NYSE: TXT) is acquiring Waterboro, Maine-based robotic ground vehicle manufacturer Howe & Howe Technologies for an undisclosed sum in
Iridium Reports 17% Increase in Q3 2018 Revenue; Matt Desch QuotedFinancial Report

Iridium Reports 17% Increase in Q3 2018 Revenue; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) posted $136M in revenue for the third quarter of 2018, up 17 percent from the prior
Northrop, L3 Win Navy RF Jamming Tech Demo ContractsContract Awards

Northrop, L3 Win Navy RF Jamming Tech Demo Contracts

The U.S. Navy has awarded L3 Technologies (NYSE: LLL) and Northrop Grumman (NYSE: NOC) separate contracts to test radio frequency jamming