Business/Financial
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Business/FinancialPeraton To Acquire Solers To Strengthen Space Capabilities
Peraton on Monday said it has agreed to acquire Solers, Inc., a provider of software and systems integration for the space market, a deal that bolsters its capabilities and solutions […]
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Air ForceGE Sees Bright Decade Ahead in Military and Commercial Aircraft Engines
PARIS AIR SHOW–Bolstered by its win in February in the U.S. Army Improved Turbine Engine Program (ITEP), General Electric [GE] sees a bright decade ahead in military and commercial aircraft […]
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Advanced / Transformational TechnologyThales Acquires Artificial Intelligence Company Psibernetix
Bolstering its capabilities in artificial intelligence (AI), France’s Thales said earlier this month that it acquired Ohio-based Psibernetix, which has developed processes that enable AI decisions to be mathematically verified […]
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CyberRegulatory Clarity, Cybersecurity Framework Will Help Better Protect Defense Supply Chains, Deloitte Says
Government regulations around cyber security requirements throughout the defense industrial supply chain need to be more clearly defined and small and medium-sized contractors may be unaware of these regulations and […]
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Business/FinancialJacobs Completes Acquisition Of KeyW
Jacobs [JEC] on Tuesday said has completed its $815 million acquisition of KeyW, significantly expanding its work with the intelligence community. KeyW will be aligned within Jacobs’ Aerospace, Technology and […]
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Business/FinancialU.K. Regulators Approve Rheinmetall, BAE Military Vehicle Venture
A United Kingdom regulatory agency on Thursday approved the pending acquisition by Germany’s Rheinmetall of BAE Systems Global Combat Systems business, paving the way for the two companies to establish […]
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Homeland SecurityL3 Opens Interactive Center to Showcase, Test Passenger Screening Systems and Concepts
L3 Technologies [LLL] in late May opened a new center in the Washington, D.C., area filled with its aviation security checkpoint technologies to demonstrate, showcase and test current and future capabilities […]
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Advanced / Transformational TechnologyF-35’s Lot 12 Agreement Reached, With Options Available for Future Lots
The Defense Department and Lockheed Martin [LMT] have reached a handshake agreement for Lot 12 of the F-35 Joint Strike Fighter that allows for an $80 million F-35A to be […]
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Business/FinancialTrump Signals Concerns With Raytheon, UTC Mergers But Companies Don’t See Regulatory Hurdles
President Trump on Monday morning in an interview on CNBC raised anti-competitive concerns with the proposed merger between United Technologies Corp. [UTX] and Raytheon [RTN], but company executives said on […]
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Business/FinancialRaytheon, UTC Aerospace Businesses To Combine Into $74 Billion Aerospace And Defense Company
After news of their potential merger leaked on Saturday, Raytheon [RTN] and United Technologies Corp. [UTX] announced on Sunday that UTC’s aerospace business and Raytheon will merger to create a […]