Business

Yesterday's FBI raid of Carahsoft was linked to allegations that the Pentagon contractor had for years worked with ostensible competitors to illegally fix prices for their services, according to documents filed in federal court.SAP,…

Editor’s note: This story has been updated to affirm that it is unknown whether the raid was related to the ongoing civil court case.The FBI and Defense Criminal Investigative Service launched a joint raid Tuesday morning at Carahsoft's…

Updated: 4 p.m. ET.The FBI has raided the headquarters of Carahsoft Technology Corp., a provider of IT, software, and cybersecurity services to the Pentagon and others, according to two people familiar with the matter.The raid was conducted…

Updated: 3:16 p.m.The U.S. Army has stopped work on an up-to-$990 million contract to buy AeroVironment Switchblade loitering munitions after a second company lodged a protest, according to an AeroVironment filing published Monday. The…

BRAMPTON – In response to continuing accusations of greed-flation and price gouging, Loblaws has announced the launch of a nationwide chain of for-profit food banks. “We’re sensitive to the fact that Canadians are struggling with the…

The Army wants to buy drones in the “kind of quantities” it buys munitions, Army acquisition chief Doug Bush said Wednesday during an webcast with Defense News. “We need them potentially at very large scale and very quickly,” said…

National Harbor, Md.—Northrop Grumman will release a new “tool box” of connected technologies, physical processors and radar apertures as well as software defined signals intelligence, cyber effects and communications all in one, the…

CALGARY – WestJet has finally embraced its reputation as one of Canada’s most reviled airlines with the debut of its new company slogan: “Air Canada, but somehow worse.” The slogan was initially decried as false advertising, as regulators…

Boeing’s defense programs are caught in the crossfire after the company workers rejected a new labor contract and went on strike in the Pacific Northwest. Over 30,000 Boeing machinists have stopped working at the company’s…

The U.S. military has added nearly $1 billion to its unconventional efforts to use third parties to kick the nation’s submarine-building industry into a higher gear.On Tuesday, the Navy announced an up-to-$980.7 million contract to…