
Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their capacity to keep up with market trends, the Washington Business Journal reported Monday. Romine told the publication in an interview he expects increased U.S. defense budget and low interes...
The Defense Innovation Unit and the U.S. Navy have selected L3Harris Technologies (NYSE:LHX) to build and test an underwater drone for the service branch. L3Harris said Wednesday it will provide the Iver4-900 unmanned undersea vehicle as part of an other transaction agreement to support the Navy's Next Generation Small-Class Maritime Expeditio...
L3Harris Technologies (NYSE:LHX) has delivered 40 Enhanced Night Vision Goggle-Binocular devices to the U.S. Army as part of a $391M contract awarded last year. The company said Monday it received two more delivery orders worth $153M combined to deliver 7K additional systems and provide logistics support services....