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Jennifer Felix, executive vice president and chief operating officer at ASRC Federal, has been promoted to president and CEO of the Beltsville, Md.-based government services contractor. “I’m very pleased to lead ASRC Federal and work together with our 7,000 employees, who serve customers across the United States and overseas,” Felix said in ...

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through an all-stock transaction, Reuters reported Friday. A DOJ notice posted Thursday says the approval comes with a proposed settlement that requires both companies to divest to a U...