BAE Systems today announced nearly 3,000 potential job cuts in its Military Air and Information and Shared Services businesses and at its headquarters at Farnborough, England.
Lockheed Martin Corp. will reduce its human resources roles by some 340 employees, more than half of whom accepted a corporate buyout, the company announced Sept. 8.
If Congress fails to raise the government's debt limit before the Aug. 2 deadline, the federal government would face an unprecedented situation and federal employees are bound to be affected.
Dynamics Research Corp.'s $143 million cash acquisition of High Performance Technologies Inc. in June was one of the largest M&A activities so far this year and it offers important insights for sellers and buyers.
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