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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...

Executive Mosaic is honored to present Rick Ambrose, executive vice president of the space business at Lockheed Martin, as an inductee into the 2020 Wash100 Award for driving the company’s satellite capabilities as well as the nation’s upcoming lunar and space exploration missions. This marks the fifth overall Wash100 Award for Ambrose....

The National Center for Manufacturing Sciences has landed a potential five-year, $900M contract to continue managing a contracting program that allows commercial and academic organizations to develop sustainment tools and processes for the Department of Defense. It marks the fourth cooperative agreement NCMS received to serve as DoD's managin...

American Holoptics, a Koucar Management affiliate, has agreed to acquire L3Harris Technologies’ (NYSE: LHX) EOTech business for an undisclosed sum. The acquisition is expected to be finalized by mid-2020, subject to customary closing conditions, the companies said in a joint release published Tuesday....