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Palantir Technologies has received a potential five-year, $143.8M blanket purchase agreement from the U.S. Navy to deliver commercial-off-the-shelf software, hardware and related support services to the Department of Defense, intelligence agencies and the U.S. Coast Guard....

  On Wednesday, it was reported that Vice Adm. Michael Gilday, director of the Joint Staff, was the frontrunner to assume the role due to his experience in cyber warfare. That report was confirmed on Thursday with President Trump approving Gilday’s nomination during a meeting with Navy officials at the White House on Wednesday. The...

White Plains, N.Y.-based technology company ITT (NYSE: ITT) has bought Matrix Composites, a Florida-based manufacturer of aircraft components, for approximately $29M. ITT said Monday the acquisition would expand the company's connect and control technologies business....

L3Harris Technologies (NYSE: LHX) has received a contract to develop a prototype of wideband airborne high-frequency radio technology for the U.S. Air Force. USAF selected the L3Harris Falcon offering for an industry competition that seeks a replacement for the service branch's AN/ARC-190 radio, the company said Wednesday....

Semiconductor manufacturer Broadcom (Nasdaq: AVGO) has determined cost savings and received financing to support its plan to acquire cybersecurity firm Symantec (Nasdaq: SYMC) in an all-cash transaction including debt valued at more than $22B, Bloomberg reported Monday....