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Defense Business Alert

April 06, 2015 | Daily News

Standard & Poor's Ratings Services this month raised AAR Corp.'s credit rating, following the company's sale of Telair Cargo Group.

April 02, 2015 | Daily News

Lockheed Martin has purchased a high-speed wind tunnel in Grand Prairie, TX, in an effort to preserve the availability of the facility and make improvements.

April 01, 2015 | Daily News

Some defense contractors and industry advocates say the Pentagon and other federal agencies are increasingly overreaching when it comes to owning companies' intellectual property.

April 01, 2015 | Daily News

Centerra Group said today it has acquired Gregg Protection Services, which specializes in protecting nuclear and biological assets.

March 31, 2015 | Daily News

Even as some defense services contractors report the worst is over, others are still watching their businesses decline.

March 30, 2015 | Daily News

As the pool of available work shrinks, some defense contractors are increasingly looking to small businesses to find new business and hold on to what they have.

March 26, 2015 | Daily News

After high-level meetings between Danish and U.S. officials, the Air Force has agreed to conduct a new competition for maintenance at Thule Air Base in Greenland, potentially upending a multimillion-dollar deal that sparked outrage when it was awarded to Vectrus last year.

March 25, 2015 | Daily News

Facing a decline in sales and a loss for the year, Leidos' chief executive said Wednesday the contractor is refocusing its business and investing in its bidding and research divisions to return to growth.

March 24, 2015 | Daily News

Engility executives said Tuesday they anticipate fiscal year 2015 sales will hit $2 billion to $2.3 billion, reflecting a decline from the previous year.

March 23, 2015 | Daily News

Boeing's defense business has cut costs and created a new organization centered on development as part of an effort to win work in a tough environment with very few new programs.

March 19, 2015 | Daily News

For contractors that saw their businesses surge with work related to the wars abroad, it continues to be a long way down.

March 17, 2015 | Daily News

Vectrus, the defense services contractor spun off from Exelis last year, reported this week that profit in its most recent quarter sunk to $3.3 million, down nearly 80 percent from the same period a year earlier.

March 13, 2015 | Daily News

The early increase in spinoffs and smaller deals are likely laying the groundwork for a large wave of mergers and acquisition activity, defense industry analysts said this week.

March 12, 2015 | Daily News

United Technologies' decision to consider "strategic alternatives" for Sikorsky stems from the differences between that business and the rest of the company's work, the UTC chief executive told analysts Thursday.

March 12, 2015 | Daily News

Northrop Grumman has formed a new subsidiary focused on providing cybersecurity for commercial organizations.

March 11, 2015 | Daily News

Nearly four years after being divested from Lockheed Martin, PAE has tripled its headcount and significantly expanded the range of the services it offers.

March 09, 2015 | Daily News

The $4.75 billion deal to acquire Exelis began when Harris chief executive William Brown asked David Melcher, Exelis' chief executive, to have dinner with him in late September -- but required months of price negotiations.

March 05, 2015 | Daily News

Harris Corp.'s proposed $4.75 billion acquisition of Exelis marks the "biggest deal we've ever done," William Brown, Harris' chief executive, said this week.

March 03, 2015 | Daily News

Huntington Ingalls' chief executive said Tuesday that the shipbuilding firm is still considering the best way to make use of its Avondale shipyard in Louisiana, which is no longer in use.

March 02, 2015 | Daily News

Science Applications International Corp. has agreed to buy Scitor Corp. in a $790 million deal intended to speed SAIC’s entry into the intelligence market.