Defense Services

Tyto Athene inked an agreement to acquire AT&T Inc’s (NYSE: T) Department of Defense IT professional services business, AT&T Government Solutions, Inc. (GSI). The financial terms of the transaction were not disclosed. AT&T and Tyto will also focus upon...

Jonathon Raviv of Citigroup initiated coverage of Leidos Holdings Inc (NYSE: LDOS) on Friday with a Buy rating and $55 price target. “We like Leidos as it's the only stock in our defense services universe to fulfill all three of our investment criteria: margin growth, cash deployment...