Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil gr...
K. Christopher Farkas, vice president of finance and corporate controller at Curtiss-Wright (NYSE: CW), has been promoted to VP and chief financial officer of the company. He succeeds the retiring Glenn Tynan, who will help facilitate the transition by continuously serving as a VP until fall 2020, and will report directly to David Adams, chairman an...
AMERGINT Technologies Holdings has acquired Bothell, Wash.-based space technology company Tethers Unlimited Inc. for an undisclosed sum as part of efforts to deliver integrated end-to-end satellite communications and in-space services to government and commercial clients....
The U.S. Air Force is looking for potential sources of information on systems engineering and integration requirements for an air-launched hypersonic cruise missile ahead of planned preliminary design review activities next fiscal year....
Twelve companies have been awarded spots on a potential five-year, $497.5M U.S. Navy contract to provide Strike Planning and Execution System hardware and software for domestic and foreign military clients....
President Trump has chosen 200 industry leaders as part of the Great American Economic Revival Industry Groups that will work to drive the nation's economy as it seeks to recover from the coronavirus health crisis....
The U.S. Navy has selected 25 companies for a potential 11-year, $7.14B contract to perform full-rate production of aircraft components and aviation systems for the Naval Air Warfare Center Aircraft Division....
L3Harris Technologies has appointed Sam Mehta as president of the space and mission systems, or SMS, and communications and spectrum dominance, or CSD, segments as part of an updated leadership structure focused on operational execution and customer mission support. The Melbourne, Florida-based company said Thursday Mehta and Ken Bedi...
The United States spends more on research and development than any other country analyzed, investing about 3.6 percent of its gross domestic product, according to a new report from Elsevier examining U.S. research and innovation performance. The analysis compares U.S. research output and investment trends with those of other global economies using d...
BAE Systems has named Mona Bates as its new senior vice president and chief information and digital officer, effective Feb. 23, 2026. She will oversee the company’s enterprise technology and digital strategy and lead its IT organization, BAE Systems said Thursday. She will report to BAE Systems President and CEO Tom Arseneault, a four-time Was...
