Raytheon Technologies [RTX] on Monday said its Intelligence & Space segment has completed its acquisition of SEAKR Engineering in a deal that strengthens its space business. Terms of the acquisition, first announced in September, were not disclosed. Colorado-based SEAKR has more than 540 ...
Business/Financial
Communications & Power Industries (CPI) on Monday said it has completed its acquisition of the ESSCO business unit of L3Harris Technologies [LHX], adding to its radome business. Terms of the deal, which was first announced in September, were not disclosed. ESSCO, which has about 90 employees, ...
Mercury Systems [MRCY] on Monday said it has acquired Atlanta Micro, a small designer and manufacturer of high-performance radio frequency (RF) modules and components, in a deal that deepens its footprint in the electronic warfare, radar and weapons markets. Mercury said it paid cash for Atlanta ...
Profits at Jacobs Engineering, Dallas, fell 3% for the fiscal year ended Oct. 1 as revenue rose by proportionally the same amount, the company said Tuesday morning in its latest earnings release. Net earnings for the year were about $477 million, or $3.20 a share, down from more than $490 million, ...
BlueHalo on Tuesday said it has acquired Asymmetrik, a small software and technology company that provides open-source intelligence (OSINT) technologies serving the intelligence community and other national security customers. Terms of the deal were not disclosed. BlueHalo is a portfolio company of ...
The U.S. government will pay $10 million to Thales Visionix under an agreement that resolves a patent rights infringement case related to helmet-mounted display systems (HMDS) developed for the F-35 program, according to the law firm representing Thales. Thales Visionix first sued the federal ...