Canada’s CAE on Wednesday said it has agreed to acquire portions of Textron’s [TXT] TRU Simulation + Training subsidiary for $40 million in cash in a deal that expands its customer base for installed commercial flight simulators and the market for simulator life-cycle support services. Textron&# ...
Business/Financial
Amentum on Monday said it has completed its acquisition of DynCorp International, creating a $6 billion services company serving federal, state, local and allied government markets. Terms of the deal were not disclosed. Amentum’s largest market sector is defense, followed by energy. DynCorp’s ...
TransDigm Group Inc. [TDG] on Tuesday said it has agreed to acquire Cobham Aero Connectivity (CAC) for $965 million in cash, giving it a range of proprietary antenna and radio products for the aerospace market. CAC is part of Britain’s Cobham, which is owned by the private equity firm Advent ...
Kratos Defense [KTOS] last Friday night said it has acquired a small technical solutions and services company with expertise in unmanned and optionally piloted aircraft that will also serve as an engineering hub for Kratos in the high-technology region of Austin, Texas. Terms of the deal were not ...
Parsons Corp. [PSN] on Thursday said it completed its $300 million acquisition of Braxton Science & Technology Group, adding to its capabilities in the space market. The value of the deal, which was announced in October, was $258 million including a tax benefit. Braxton is expected to ...
Voyager Space Holdings on Thursday said it has agreed to acquire The Launch Company in a deal that would be the first for the holding company in the launch sector. Terms of the pending acquisition were not disclosed. Voyager, which is based in Denver, earlier this year acquired two other space ...