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Kratos Defense and Security Solutions (Nasdaq: KTOS) has acquired a controlling interest in Florida Turbine Technologies for $60M in cash and stock and formed a new business unit as a result of the transaction. FTT will operate as part of the newly created Kratos Turbine Technologies division, which will focus on the development and manufa...

Thirteen companies have won spots on a potential five-year, $300M indefinite-delivery/indefinite-quantity contract to build facilities for NASA within the state of California. The Western Regional Multiple Award Construction Contract covers design, construction, maintenance, repair, alteration, demolition, building information modeling services, the...

Fifteen companies have secured positions on a five-year, $96.6M contract to support minor construction projects at Red River Army Depot in Texas. Contractors will vie for task orders to build, modernize, restore, maintain or repair buildings and structures under the firm-fixed-price contract, the Department of Defense said Thursday. Projects are sch...

Northrop Grumman (NYSE: NOC) has secured a $117.3M contract option to provide hardware for AN/APR-39 radar warning receiver and electronic warfare management systems to the U.S. Air Force, Army, Navy and foreign military sales customers. The exercised option covers D(V)2 processors, antenna detectors, radar receivers, low band arrays, battery handle...

Shareholders of Embraer on Tuesday approved the company™s proposed strategic partnership with Boeing (NYSE: BA) during a meeting held in Brazil. Boeing said Tuesday shareholders owning 67 percent of Embraer™s outstanding shares participated in the meeting with 96.8 percent voted to approve the transaction. Embraer ...

TYSONS CORNER, VA, February 26, 2019 ” James Reagan, executive vice president and chief financial officer of Leidos (NYSE: LDOS), has indicated during a recent earnings call that the company is more interested in potential acquisitions of products companies rather than those that offer services only, ExecutiveBiz reported Wednesday. Reagan, a 2...

Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Centreville, Va.-based Fulcrum IT Services as part of efforts to broaden predictive threat analytics and situational awareness offerings. HII said Monday Fulcrum will run as part of its technical solutions division and will bring capabilities in cybersecurity, engineering, so...

Jim Garrettson, founder and CEO of Executive Mosaic, presented Michael Corkery, president and CEO of Deltek, with his second Wash100 award on Monday. Executive Mosaic recognizes Corkery for his efforts to improve Deltek™s enterprise software, information solutions and consulting services. We are honored to present the most coveted award in gove...