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Category: Tech

Defense firm VATC opens Orlando office after landing part of $2.4 billion deal

Defense firm VATC opens Orlando office after landing part of $2.4 billion deal

Landing a piece of a $2.4 billion contract for the U.S. Army’s Orlando-based contracting service has pushed one Tampa defense company to locate an office here.

Visual Awareness Technologies and Consulting’s office at the University of Central Florida’s Research Park opened its first Orlando location…

EA profits drop sharply but analysts say tumble was expected

EA profits drop sharply but analysts say tumble was expected

Electronic Arts’ stock dropped sharply Thursday as the company reported steep drops in revenue and profits.

Analysts said the drops during the first quarter of EA’s fiscal year, April to June, were in line with expectations. However, the company also projected a miss on analysts’ expectations,…

Lockheed Martin CEO Marillyn Hewson dismisses challenge from new Royal Air Force Tempest program

Lockheed Martin CEO Marillyn Hewson dismisses challenge from new Royal Air Force Tempest program

Lockheed Martin CEO Marillyn Hewson said Tuesday that Royal Air Force leaders told her that the British military’s new Tempest program is not meant to compete with the company’s robust F-35 fighter program.

“The comments to me were that this is a new fighter program,” she said. “It’s a complement…