business

US Navy Chooses BAE Systems to Develop Next-Generation Airborne Decoy Countermeasure

May 15, 2024

The U.S. Navy selected BAE Systems to develop Dual Band Decoy (DBD), one of the most advanced radio frequency countermeasures in the world. DBD is a cutting-edge RF self-protection jammer that shields fighter jets from enemy attacks. (Credit: BAE Systems) By E. Lee Phillips, Technology Contributor BAE Systems announced it has been selected by the … More US Navy Chooses BAE Systems to Develop Next-Generation Airborne Decoy Countermeasure

Subway Sold to Roark

April 30, 2024

Subway Photo: Kéoma Oran, Unsplash By Christina Phillips Subway announced it has completed its previously announced sale to affiliates of Roark. In a news release on April 30, Subway said the acquisition comes on the heels of its three exceptional years of sales growth and positive global net restaurant growth for the first time since … More Subway Sold to Roark

U.S. Steel Stockholders Vote to Approve Merger with Nippon Steel

April 15, 2024

A ladle of molten iron is poured into a Basic Oxygen Process (BOP) furnace where it will be transformed into liquid steel. Photo: U.S. Steel By Christina Phillips Following the special meeting of stockholders held April 12, United States Steel Corporation announced that, based on the preliminary vote count, U. S. Steel stockholders overwhelmingly voted … More U.S. Steel Stockholders Vote to Approve Merger with Nippon Steel

BAE Systems Wins $86 Million US Navy Contract to Continue Supporting Mobile Deployable C5ISR Programs

March 15, 2024

The U.S. Navy has awarded BAE Systems a contract to continue supporting its Mobile Deployable C5ISR programs. (Credit: BAE Systems) By E. Lee Phillips, Technology Contributor BAE Systems announced that the U.S. Navy has awarded the company a contract worth approximately $86 million to continue supporting its Mobile Deployable Command, Control, Communications, Computers, Combat Systems, … More BAE Systems Wins $86 Million US Navy Contract to Continue Supporting Mobile Deployable C5ISR Programs

CBRE Group to Acquire J&J Worldwide Services

February 7, 2024

CBRE Group property for sale/lease: Central Florida Integrated Logistics Park in Winter Haven, Fla. Photo: CBRE Group By Christina Phillips CBRE Group announced it has signed a definitive agreement to acquire J&J Worldwide Services, a provider of engineering services, base support operations and facilities maintenance for the U.S. federal government, from Arlington Capital Partners, a Washington, … More CBRE Group to Acquire J&J Worldwide Services