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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....

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....

RTX subsidiary BBN Technologies has secured a potential five-year, $125 million contract from U.S. Transportation Command to provide a suite of tools to support the development of simulation and modeling environments. What Is the Scope of the USTRANSCOM IDIQ Contract? The Department of War said Monday the indefinite-delivery/indefinite-quantity cont...

Sierra Space has appointed Jeff Schrader, former executive at Lockheed Martin, as chief strategy officer. The Louisville, Colorado-headquartered company said Monday that Schrader will spearhead initiatives, including corporate development and mergers and acquisitions, to support Sierra’s growth and expansion. “As we accelerate the busine...