Business/Financial
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Business/FinancialAeroVironment Acquires Provider Of AI-Enabled Technology To Expand Autonomy Capabilities
Fresh off its acquisition of Arcturus UAV, AeroVironment, Inc. [AVAV] on Wednesday said it has acquired a small business unit of Progeny Systems Corp. that develops artificial intelligence (A)-enabled technologies […]
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Business/FinancialBWXT Closes Out 2020 With Increase in Quarterly, Annual Revenue
BWX Technologies [BWXT], the Lynchburg, Va.-based nuclear contractor for the Department of Energy and the Pentagon, on Monday posted a record $557 million in revenue for the fourth quarter of […]
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Business/FinancialLeidos To Acquire Naval Architects Gibbs & Cox; Posts Higher Income, Sales In Fourth Quarter
Leidos [LDOS] on Tuesday said it has agreed to acquire the naval architecture and marine engineering firm Gibbs & Cox for $380 million in cash, a deal that will strengthen […]
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Business/FinancialRedwire Acquires Deployable Space Systems, Building Out Product Suite
Redwire on Tuesday said it has acquired Deployable Space Systems (DSS), a supplier of deployable solar arrays and other space structures in a deal that adds a new line of […]
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Business/FinancialAeroVironment Completes Acquisition Of Arcturus UAV
AeroVironment [AVAV] on Monday said it has completed its $405 million acquisition of Arcturus UAV, expanding the company’s portfolio of unmanned air vehicles (UAVs) to include medium-endurance systems. AeroVironment’s legacy […]
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Business/FinancialU.S. Wants More Information From Lockheed Martin On Deal For Aerojet As RTC Raises Concerns
Lockheed Martin [LMT] last Friday said the Federal Trade Commission has asked it for additional information about the company’s proposed acquisition of propulsion systems provider Aerojet Rocketdyne [AJRD] as part […]
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Business/FinancialEssex Industries Acquires Stevens Manufacturing To Expand Aerospace And Defense Products
Essex Industries on Wednesday said it has acquired Stevens Manufacturing, a small aerospace and defense contractor that primarily supports the rotorcraft market. Terms of the deal were not disclosed. Stevens, […]
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Business/FinancialApplied Insight Acquires Small Company Serving Intelligence Community
Applied Insight on Wednesday said it has acquired Bridges Inc., a technology company serving the intelligence community that adds complementary capabilities and provides it with the ability to deliver end-to-end […]
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Business/FinancialSerco To Acquire U.S. Defense Contractor Whitney, Bradley & Brown
Britain’s Serco plc on Tuesday said its U.S. defense business has agreed to acquire Northern Virginia-based Whitney, Bradley & Brown (WBB) for $295 million in a deal that adds new […]
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Business/FinancialScaled Up Peraton Will Have Agility, Size And Resiliency, Shea Says
Peraton’s pending acquisition of federal information technology (IT) company Perspecta [PRSP], combined with the recent deal for Northrop Grumman’s [NOC] government services business and the company’s legacy capabilities will enable […]