Fincantieri’s Marinette Marine announced on June 11 its board of directors chose former Navy Capt. Mark Vandroff to become the Wisconsin shipyard’s next CEO. Vandroff is set to take over effective July 7, succeeding Jan Allman, who has led the shipyard since 2014. Vandroff served over 30 years ...

General Atomics (GA) on Monday said it has acquired Synopta GmbH, a developer and supplier of opto-electronics instrumentation used in space and terrestrial applications, in a deal that complements GA’s existing technologies and improves its ability to provide complete subsystems to customers. ...

Parsons Corp. [PSN] on Thursday said it has agreed to acquire BlackHorse Solutions Inc. for $203 million in a deal that will add scale to its capabilities in cyber, electronic warfare (EW) and information dominance and also expand its presence with existing customers while adding new ones. The deal ...

The U.S. needs to invest in its domestic capabilities for critical materials, minerals and semiconductors to better ensure the availability and resilience of its supply chains for national and economic security, says a White House report released Tuesday that examined vulnerabilities in four ...

BigBear.ai, a cyber and data analytics company cobbled together through several acquisitions last year by a private equity firm, is going public this year and is valued at nearly $1.6 billion. BigBear.ai, which is a portfolio company of AE Industrial Partners (AEI), as entered into a merger ...

Science Applications International Corp. [SAIC] late last Thursday afternoon reported strong first quarter results driven in part by an acquisition a year ago and solid organic growth, despite continued impacts from the pandemic, and profits improved on higher operating margin. SAIC also said it ...