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TYSONS CORNER, VA, May 23, 2016 ” Engility (NYSE: EGL) has named Optensity the winner of the $25, 000 Innovative GEOINT Application Provider Program Grand Challenge 2016 for the company’s SafeTravelerGlobe app, ExecutiveBiz reported Thursday. The app works to provide users information on location-based threats and is now available vi...

Houston-based KBR (NYSE: KBR) has agreed to purchase U.S. federal engineering and scientific services contractor Wyle Laboratories for $570 million in a move both companies expect to create a global government services business segment with an estimated $2 billion in projected annual contract work. KBR said Monday it expects to close the transaction...

Niels Jensen, a former regional vice president at information technology services company ForeScout Technologies, has been promoted to the newly-created position of senior vice president for the U.S. public sector. ForeScout said Friday it appointed Jensen as part of a strategy to expand its public sector business and he will lead initiati...

Saab has received an estimated $184 million order for a lightweight torpedo system from Sweden’s defense logistics agency. The company will develop, produce and deliver the torpedo from 2016 through 2024 in support of the Swedish armed forces™ underwater systems, Saab said Friday. Gorgen Johansson of Saab said the lightweight&nb...

AE Industrial Partners has acquired AC&A, a manufacturer of composite and metallic parts and tooling for the aerospace, defense, space and automotive markets. The private investment firm said Thursday the deal follows AEI’s purchase of Belcan, an engineering project management and technical staffing company,  and K...