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The Trump administration is in discussions with Intel (Nasdaq: INTC), Taiwan Semiconductor Manufacturing Co. and other semiconductor firms to establish new chip factories in the U.S. to strengthen the domestic production of chips as concerns rise over the vulnerability of Asian factories as highlighted by the coronavirus pandemic, The Wall Street J...

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...