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AECOM has entered into a definitive agreement to sell its management services business to affiliates of American Securities and Lindsay Goldberg for $2.4 billion, the company announced on Monday. The transaction has been unanimously approved by the company™s board of directors and is subject to customary closing conditions and regulatory approv...

Raytheon (NYSE: RTN) has showcased the design of a sensor the Waltham, Mass.-based company will produce to replace the Patriot missile defense system's current radar technology as part of a $384M contract from the U.S. Army. The service branch aims to complete Patriot radar modernization efforts as early as 2022....