BAE Systems, Inc. on Monday said it has agreed to acquire the military GPS business of United Technologies Corp. [UTX] and the airborne tactical radios (ATR) business of Raytheon [RTN] for a combined $2.2 billion in cash, deals that would add new capabilities in strong demand by U.S. defense ...

A bipartisan group of senators last Thursday introduced a bill that would require the Department of Homeland Security to establish a federally-funded Cybersecurity State Coordinator program, providing an official in every state to work across all levels of government and other organization to help ...

Skyview Capital last Wednesday said it acquired Fidelis Cybersecurity Inc. from a group of investors, adding a pure play cyber security firm to its portfolio. Terms of the deal were not disclosed. Fidelis Cybersecurity, which is based in Maryland, has more than 250 employees. General Dynamics [GD] ...

The Coast Guard’s MH-65 helicopter program has been approved to enter full-rate production to the “E” configuration, which will include avionics upgrades for the fleet of 98 aircraft that will run concurrently with a service life extension program (SLEP) for the aircraft. Work on the MH-65E ...

Boeing [BA] on Wednesday said that it and the Navy recently completed the first flight of an F/A-18 Super Hornet aircraft with the Infrared Search and Track (IRST) Block II sensor pod, a milestone on the way to delivery in 2021. The IRST Block II sensor is one of the key components that will be [ ...

Whitney, Bradley & Brown (WBB) on Wednesday said it has acquired Decisive Analytics Corp. (DAC), adding key expertise and positions within the Defense Department and intelligence community. Terms of the deal were not disclosed. WBB, a portfolio company of H.I.G. Capital, now has 1,000 employees. ...