Business/Financial
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Business/FinancialFLIR Closes Deal For Endeavor Robotics
FLIR Systems [FLIR] on Monday said it has completed its $382 million cash acquisition of Endeavor Robotics, giving it an entrée into the unmanned ground vehicle (UGV) space. The purchase […]
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Air ForceB-52 Re-Engine Request for Proposals Expected in March
ORLANDO, Fla. – The Air Force is on track to release a request for proposals to procure new engines for the service’s oldest bomber aircraft within the next month, the […]
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Business/FinancialSAIC’s ‘Innovation Factory’ Meeting Demand For Rapid Tech Development In New Contracts
SAIC [SAIC] has launched a new “Innovation Factory” to position its technology contracting efforts for the Pentagon and Department of Homeland Security’s growing emphasis on finding high-performing development teams to […]
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Business/FinancialDefense Watch: CACI, Thales Deals Advance, AFA Updates
Deal Updates. CACI International completed its $750 million acquisition of LGS Innovations from the private equity firms Madison Dearborn Partners and CoVant Management, giving it capabilities to rapidly add applications […]
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Business/FinancialManTech Acquiring Government Business Of Kforce, Boosting Federal IT, Health Work
ManTech International [MANT] on Friday said it has agreed to acquire the federal business of staffing and solutions provider Kforce Inc. [KFRC] for $115 million in cash, expanding its presence […]
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Business/FinancialKratos Plans To Transform, Disrupt Small Jet Engine Market With Deal For Florida Turbine Technologies
In a deal that will give it an organic small jet engine capability with affordable, leading edge capabilities, Kratos Defense & Security Solutions [KTOS] has acquired a majority stake in […]
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Homeland SecurityNext Generation Of DHS IT Acquisitions Will Use Multiple Contracting Vehicles
The Department of Homeland Security is transitioning from its nearly 20-year-old approach to buying information technology (IT) services through a single multiple-award contracting vehicle to using multiple contract vehicles that […]
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PentagonIG Says Defense Department Overpaid TransDigm For Aircraft Parts
The Defense Logistics Agency and the Army overpaid aerospace contractor TransDigm Group Inc. [TDG] for nearly all aircraft parts in a sample of contracts over a two-year period, the Pentagon’s […]
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Business/FinancialEmbraer Shareholders Approve Commercial, KC-390 Joint Ventures With Boeing
Embraer’s [ERJ] shareholders on Tuesday approved proposals for two joint ventures with Boeing [BA], one for aircraft and services operations for the Brazil-based company’s commercial aircraft and the other for […]
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Business/FinancialHarris, L3 Shareholders To Vote In April On Merger
Harris Corp. [HRS] and L3 Technologies [LLL] said on Monday that their respective shareholders will meet in special meeting on April 4 to consider and vote on the proposed merger […]