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Leonardo's training helicopter offering for the U.S. Navy has received supplemental type certification from the Federal Aviation Administration under instrument flight rules. TH-119 is based on the AW119 single-engine helicopter and designed to operate in low visibility and extreme weather conditions, the company said Thursday....

Accenture (NYSE: ACN) has promoted 33-year company veteran James Etheredge to the position of group chief executive for North America in a move slated to take effect Sept. 1. He will succeed Julie Sweet, who will take the helm at Accenture as CEO, the professional services firm said Thursday....

On Monday, the House passed a $733 billion defense policy bill, by a 220 to 197 vote, for fiscal year 2020. The lower chamber™s 2020 National Defense Authorization Act is $17 billion less than the president™s budget request. Lawmakers are expected to meet in the coming months to reconcile the House NDAA with the Senate™s...

Leidos (NYSE: LDOS) has received a potential five-year, $900M task order from the U.S. Air Force to support intelligence, surveillance and reconnaissance operations of USAF's Air Combat Command. The company said Thursday it will perform work at USAF facilities located in Virginia, Texas, Nebraska and California....

Private equity firm AE Industrial Partners has agreed to acquire heavy-lift rotorcraft manufacturing and operations services provider Columbia Helicopters for an undisclosed amount. AEI said Thursday Columbia Helicopters CEO Steve Brandy will continue to serve in his position and Nancy Lematta will keep her majority share as part of the tran...