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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...

Norway-based defense and aerospace contractor Nammo has moved to consolidate multiple business units of its current U.S. organization into a new company that aims to manufacture propulsion systems and munitions for government customers....

Northrop Grumman (NYSE: NOC) has assembled a microwave instrument for the second Joint Polar Satellite System being built to support weather forecasting and climate monitoring efforts at the National Oceanic and Atmospheric Administration. The company began testing JPSS-2's Advanced Technology Microwave Sounder to determine whether the technol...