Business/Financial
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Business/FinancialBelcan Acquires Small Company That Supports SOCOM, Federal Agencies
Multi-industrial and government service provider Belcan, LLC on Thursday said it has acquired VICTOR42, which provides analytical, operational and technical support to various government and private sector clients, including U.S. […]
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Business/FinancialNexus Capital Acquiring HDT Global
The investment management company Nexus Capital Management has agreed to acquire the defense infrastructure company HDT Global from its current owner, the private equity firm Charlesbank Capital Partners. Terms of […]
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Business/FinancialHII Unveils Proteus Unmanned Surface Vessel For Testing
Huntington Ingalls Industries [HII] unveiled its new Proteus unmanned surface vessel (USV) last Thursday for use in testing and development of autonomous capabilities. The Proteus USV is 27 feet long […]
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Business/FinancialFLIR Deal Gives Teledyne Comprehensive Unmanned Systems Portfolio
Teledyne Technologies’ [TDY] acquisition this month of FLIR did more than dramatically expand its portfolio of sensor capabilities, it expanded the company’s suite of unmanned systems that now range from […]
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Business/FinancialLockheed Martin Names Sanchez To Lead Integrated Fighter Group
Lockheed Martin [LMT] on Monday named OJ Sanchez as the new vice president and general manager for the Integrated Fighter Group (IFG) within the Aeronautics segment. Sanchez succeeds Bridget Lauderdale […]
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Business/FinancialTech Developments
Viken Partners with OptiSolve on Product to Detect Surface Contamination Viken Detection says it has partnered with OptiSolve Ltd. to help it develop the OptiSolve Pathfinder, a new proprietary surface […]
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Business/FinancialEarnings News & Notes
OSI Systems [OSIS] 3Q21 3Q20 Sales $283.8M $292.9M Net Inc. $18.8M, $1.03 $19.6M, $1.06 Sales tumbled fell 3% on a 19% decline in revenue in the Security segment due largely […]
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Business/FinancialLiberty Defense Plans to Bring New AIT, Shoe Scanning Technology to Market Soon
With exclusive technology licenses in hand, Liberty Defense within the next 18 months or so plans to bring new capabilities to body scanners deployed at airports worldwide that would improve […]
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ArmyRheinmetall Opens New Facility In Michigan As It Prepares For Army’s OMFV Competition
Germany’s Rheinmetall announced its U.S.-based subsidiary, American Rheinmetall Vehicles (ARV), has opened a new facility in Sterling Heights, Mich. as it prepares to compete for the Army’s Optionally Manned Fighting […]
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Business/FinancialNoblis Acquires McKean Defense, Expanding Reach Into Navy
The federal technical and advisory solutions company Noblis on Monday said it has acquired McKean Defense in a deal that expands its defense work, particularly with the Navy, and significantly […]