Business/Financial
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Business/FinancialBWX Technologies To Acquire Specialty Materials Business From L3Harris Technologies
BWX Technologies [BWXT] has agreed to acquire a specialty materials and manufacturing business from L3Harris Technologies’ [LHX] Aerojet Rocketdyne segment for $100 million. The Aerojet Ordnance Tennessee, Inc. (AOT) unit […]
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Business/FinancialPrivate Equity Firm Acquires Defense Engineering Firm From Trident Maritime Systems
The private equity firm J.F. Lehman & Co. on Monday said its portfolio company Trident Maritime Systems has sold its Hoffman Engineering company to another investment firm, Branford Castle Partners. […]
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Business/FinancialTeledyne Acquires Electronics Company Micropac Industries
Teledyne Technologies [TDY] on Monday said it has acquired Micropac Industries [MPAD] in a $57.3 million deal that adds electronic components used in space, military, industrial, and medical applications. The […]
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Business/FinancialARKA Group Acquires Radar And Sensor Tech Unit From Maxar Intelligence
ARKA Group last Friday said it has acquired the Radar and Sensor Technology (RST) business from Maxar Intelligence, providing it with experts that support classified government sensor programs. Terms of […]
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Business/FinancialPalantir’s CTO Sankar Issues Treatise On Reforming DoD Acquisition
A top Palantir [PLTR] executive last week offered a sweeping set of recommendations—he calls them theses—for transforming the way the Defense Departments buys weapons and systems, and how U.S. industry […]
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Business/FinancialAirbus CEO Addresses Potential Space Consolidation
Airbus is evaluating potential consolidation for its Space segment in Europe, CEO Guillaume Faury told investors on Oct. 30. The Space segment at Airbus has been challenged this year with charges […]
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Business/FinancialCACI Completes $1.3 Billion Acquisition Of Defense Electronics Company Azure Summit
CACI International [CACI] on Wednesday said it completed its $1.3 billion acquisition of Azure Summit Technology, adding capabilities in radio frequency technology and engineering. Azure, which has more than 300 […]
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Business/FinancialHII’s Third Quarter Earnings Tumble On Delays In Submarine Awards, Labor And Supply Chain Challenges
HII’s [HII] strong momentum in 2024 came to a screeching halt in the third quarter due to several challenges in its shipbuilding operations, notably delays in an award from the […]
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SpaceNRO Awards BALISTA Contracts
The National Reconnaissance Office (NRO) said on Wednesday that its Office of Space Launch (OSL) has awarded Broad Agency Announcements for Agile Launch Innovation and Strategic Technology Advancement (BALISTA) contracts […]
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SpaceU.S. Space Force Releases New Solicitation for NSSL Phase 3, Lane 1
U.S. Space Force’s Space Systems Command (SSC) on Wednesday released a new solicitation for Phase 3, Lane 1 of the National Security Space Launch (NSSL) program, and SSC said that […]