Business/Financial
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Business/FinancialMaxar To Sell MDA To Private Equity Firm For $765 Million
Earth imagery and space technology company Maxar Technologies [MAXR] last week said it has agreed to sell its Canadian-based MDA to a consortium of financial sponsors led by Northern Private […]
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Business/FinancialAvon Rubber Completes Acquisition Of 3M’s Ballistic Protection Business
Britain’s Avon Rubber plc on Thursday said it has completed its $91 million acquisition of 3M’s [MMM] advanced ballistic protection business, including the Ceradyne brand, positioning it in the U.S. […]
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Business/FinancialGryphon Acquires Small Technology Consulting Firm OMNITEC Solutions
Gryphon Technologies on Thursday said it has acquired OMNITEC Solutions, which provides its federal customers with a wide range of capabilities in enterprise technology, cloud, analytical and engineering solutions. Terms […]
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Business/FinancialLeidos To Acquire Advanced Technology Company Dynetics For $1.7 Billion
Leidos [LDOS] on Tuesday afternoon said it has agreed to acquire advanced technology research, development, and prototyping company for $1.65 billion in cash, adding capabilities in rapid prototyping and high growth […]
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Business/FinancialArsenault To Take Top Job At BAE’s U.S.-Based Company Next Year
BAE Systems, Inc. on Tuesday said that CEO Jerry DeMuro will step aside next April 1 and be succeeded by Tom Arsenault, the current president and chief operating officer (COO) […]
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Business/FinancialCentauri Acquires Companies To Strengthen Positions In Space, Cyber, PNT
Centauri on Wednesday said it has acquired two companies that deepen its expertise in a number of areas and bolsters its position in Dayton, Ohio, to better serve customers there. […]
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Business/FinancialGD Announces Leadership Change At Land Systems Business
General Dynamics [GD] on Monday said that Gary Whited, president of the company’s Land Systems business, plans to retire next year and will be succeeded by Danny Deep, the chief […]
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SpaceGriffin: Government Must Adopt Commercial Manufacturing Practices to Build New Space Architecture
The U.S. government must look at adopting commercial sector manufacturing practices to quickly build and field a more proliferated network of sensors in space, Mike Griffin, undersecretary of defense for […]
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BudgetPentagon Contract Financing Study Delayed as 2020 Budget Talks Stymied
A Defense Department study to determine an improved rule for contract financing is on hold until the fiscal year 2020 defense budget negotiations have been completed, a senior acquisition official […]
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Business/FinancialCybersecurity Firm Urges NNSA Chief to Reconsider Contract With Rival
A cybersecurity provider for the Department of Energy’s National Nuclear Security Administration (NNSA) is urging reconsideration of a recent follow-on award to a rival company. The transition from the $271 […]