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Canceled: Pentagon terminates IT service contracts

The Pentagon wants to cut several IT contracts with tech consulting firms in an effort to reduce duplicative spending and increase efficiency by relying on the defense civilian workforce, according to an April 10 memo. Defense…

Nestlé Buys E.Coli For $2.3 Billion

VEVEY, SWITZERLAND—With the food conglomerate saying the acquisition made sense given its longstanding strategic partnership with the pathogen, Nestlé released a statement Friday confirming it had purchased E. coli for…

A shipbuilder leans into lasers and emerging tech

The nation’s largest shipbuilder is eyeing steady growth in its emerging technologies business this year, keeping up with the Defense Department’s appetite for counter-UAS and data solutions. “We're in all the right areas that are…

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