Business/Financial

Dedrone, which develops and sells technology used to detect, track and identify small drones that may pose a threat to critical infrastructure or event security, has acquired a drone defeat […]

Northrop Grumman [NOC] successfully tested the AQS-24B minehunting sonar off the coast of Florida at double its last tested depth, over 400 feet, the company said. For the test, the […]

Companies looking to acquire other businesses are mainly interested in obtaining high technology capabilities, with artificial intelligence (AI) high on the list, according to a report by the private equity […]

Fiscal year 2019 will have been a stable year for U.S. foreign military sales with $68 billion worth of cases – should all approved deals come through – with contractors […]

Britain’s QinetiQ on Wednesday said it has agreed to acquire the U.S. defense company Manufacturing Techniques, Inc. (MTEQ) for $105 million in cash, a deal that would double the size […]

FLIR Systems [FLIR] on Wednesday said it has acquired the intellectual property and assets of Aria Insights, Inc., which made tethered drones for intelligence and surveillance, and communications applications before […]

VT Group on Monday said it has acquired DELTA Resources, Inc., a provider of naval systems engineering and technical services to the Navy. Terms of the deal were not disclosed. […]

The Defense Department on Sept. 30 awarded Pratt & Whitney [UTX] a $2.1 billion contract modification that includes new F135 engines for the department’s three F-35 Joint Strike Fighter variants. […]

Raytheon [RTN] and Germany’s Rheinmetall said Friday they have officially formed a new joint venture as they prepare to submit a combat vehicle proposal for the Army’s Bradley replacement program. […]

Government technology solutions provider Centauri on Tuesday said it has acquired Kord Technologies, Inc., strengthening its capabilities in the defense market. Terms of the deal were not disclosed. Centauri, which […]