
A federal judge on Thursday issued a preliminary injunction directing the Department of Defense to stop work on the potential 10-year, $10B Joint Enterprise Defense Infrastructure cloud computing contract awarded to Microsoft (Nasdaq: MSFT) in October, The Wall Street Journal reported Thursday....
Titan Acquisition Holdings has agreed to acquire Huntington Ingalls Industries’ (NYSE: HII) San Diego shipyard for an undisclosed sum in a move to expand its ship repair capabilities to better meet the needs of the U.S. Navy, U.S. Army and other defense customers. The transaction will give HII a minority stake in Titan and is expected to close in...