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L3Harris Technologies (NYSE: LHX), the new company formed by the merger of defense contractors Harris and L3 Technologies, has organized its operations into four business segments with the goal to help government and commercial customers address mission requirements. Melbourne, Fla.-based L3Harris said Monday it expects to generate $17B in annual ...

Louis Berger, which is now part of WSP, has won four contracts worth a combined $335M to provide temporary emergency power services to support the Federal Emergency Management Agency....

A new Wells Fargo Securities report says CACI International (NYSE: CACI) has reached the milestone of 10 percent earnings before interest, tax, depreciation and amortization margin. WFS Managing Director Ed Caso and Associate Analyst Justin Donati forecast that win rates will drive organic growth at the Arlington, Va.-based government contractor....

Following Jacobs Engineering Group™s (JEC) official acquisition of KeyW on June 12th, United Technologies Corp. (UTX) has replaced KeyW as a member of the GovConIndex. You can find the daily performance of the GovCon industry, the latest financial news and expert analysis on the GovConIndex right here. UTX joins the GovConIndex as one of 30...

IBM (NYSE: IBM) has secured unconditional approval from the European Commission for its proposed acquisition of Red Hat (NYSE: RHT) for $34B cash, nearly two months after the U.S. Department of Justice cleared the transaction. The commission said Thursday the merger, which both companies first announced in October 2018, would not put market compe...

Joseph Masiello, a New York-based professional engineer with more than 30 years of industry experience, has been named an associate vice president at professional services contractor Dewberry. He will be based in Dewberry's NYC office and will oversee its mechanical engineering and fire protection business....

BAE Systems, Serco Inc. and Scientific Research Corp. have won 10-year contracts worth up to $1.81B combined to provide integrated command, control, communications, computers and intelligence systems for the U.S. Navy's shipbuilding programs. Contractors will help the service branch engineer, fabricate, assemble, test, install and perform ...