Business/Financial
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Advanced / Transformational TechnologyBooz Allen Invests In Small Company That Brings Analytics, AI To Tactical Edge
Booz Allen Hamilton [BAH] on Tuesday said it has invested in Reveal Technology, a small company developing visual analytics and artificial intelligence that can rapidly assist squad-level forces with threat […]
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Business/FinancialCOVID Impacts, As Expected, Help Send Lockheed Martin’s Earnings And Sales Down In First Quarter
Lockheed Martin [LMT] on Tuesday posted declines in its top and bottom lines in the first quarter due to program transitions and supply chain and operations challenges related to COVID-19. […]
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Business/FinancialTTM Technologies To Acquire Telephonics From Griffon Corp.
TTM Technologies [TTMI] on Monday said it has agreed to acquire the Telephonics business unit from Griffon Corp. [GFF] in a $330 million cash deal that will significantly boost its […]
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Business/FinancialERC To Acquire Oasis Systems, Adding Scale
The private equity firm Brightstar Capital Partners on Wednesday said its portfolio company ERC, LLC, has agreed to acquire Oasis Systems, LLC, in a deal that adds significant scale, technology […]
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InternationalU.S. Sending Another $800 Million In Weapons To Ukraine, DoD Meets With Industry On Production Lines
President Biden on Wednesday announced the U.S. will send another $800 million in military equipment to Ukraine, to include the first deliveries of artillery equipment as well as armored personnel […]
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Business/FinancialPCS-Mosaic Launches New IC-Focused Business Through Acquisition Of ASRC Federal Units
PCS-Mosaic on Tuesday said it has acquired four businesses from Arctic Slope Research Corp. (ASRC) Federal’s Defense and Intelligence Group to form a new business unit called Athenix, which significantly […]
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Business/FinancialPCX Aerosystems Acquires Manufacturer Or Refueling Probes
PCX Aerosystems on Monday said it has acquired Honematic Machine Corp. (HMC) in a deal that adds rotorcraft extended refueling probes and machining capabilities for defense, aerospace and industrial applications. […]
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Business/FinancialBoeing’s Caret To Retire, Will Be Succeeded By Services Chief Colbert
Boeing [BA] on Monday said that Leanne Caret, president and CEO of the company’s $26 billion defense business, will retire later this year and be succeed by Ted Colbert, who […]
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Business/FinancialAE Industrial Partners’ Portfolio Company Acquires SMC Aerospace
G.S. Precision (GSP) last Friday said it has acquired SMC Aerospace, a manufacturer of high-precision components and specialty hardware used in aerospace engines and military aircraft, marking the company’s first […]
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Business/FinancialBooz Allen Invests In AI Company Synthetaic
Booz Alen Hamilton [BAH] on Tuesday said it has made a strategic investment in Synthetaic, which has developed artificial intelligence (AI)-based technology that rapidly identifies items of interest in imagery […]
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