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...
The State Department has cleared a potential $230M foreign military sale of Raytheon Technologies-built (NYSE: RTX) missile systems, related equipment and support services to Hungary....
The State Department has approved a proposed $2.3B foreign military sale of aircraft engines and weapon systems to support the Egyptian government’s efforts to modernize its Boeing-built (NYSE: BA) AH-64E Apache attack helicopters....
BAE Systems Inc., the British contractor's U.S. subsidiary, has wrapped up its $275M acquisition of a Raytheon Technologies (NYSE: RTX) unit that produces airborne tactical radio systems for defense customers and aircraft manufacturers....
Emergent has secured a potential three-year, $125.5M delivery order to deploy Oracle software licenses for the Department of Veterans Affairs. The VA announced the enterprise license agreement award in a notice posted Thursday on the government's SAM website....
The Department of the Treasury will require publicly traded defense contractors and other national security firms applying for loans under the Coronavirus Aid, Relief and Economic Security Act to provide “appropriate financial instruments” such as equity stakes and warrants, Reuters reported Friday....
Julie Olson, former director of operations at professional and technical services provider Irving Burton Associates, has joined NetImpact Strategies as lead for its federal civilian business unit....
L3Harris Technologies (NYSE: LHX) will offer its BeOn software application for free to health care and public safety workers, allowing users to turn their smartphones, laptops and other devices into an encrypted public safety radio, the company announced on Tuesday....
AMERGINT Technologies Holdings has agreed to acquire the space-based precision optics business of Raytheon Technologies (NYSE: RTX) for an undisclosed sum. The Danbury, Conn.-based space-based optics business is part of Raytheon Technologies’ Collins Aerospace subsidiary and provides precision electro-optical systems for defense and national secu...
A team of General Electric (NYSE: GE) and Ford (NYSE: G) has been awarded a Defense Production Act contract worth potentially $336M to produce ventilators for the Department of Health and Human Services....
