Business/Financial
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Business/FinancialApplied Insight Acquires Zavda Technologies
Federal technology services provider Applied Insight on Monday said it has acquired Zavda Technologies, a service-disabled veteran-owned small business that expands Applied Insights customer base in the national security space […]
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Business/FinancialBWXT Names Former Boeing Exec To Board of Directors
Nuclear naval reactor builder BWX Technologies [BWXT] has named former Boeing [BA] executive Nicole Piasecki to its board of directors effective Jan. 2. Piasecki spent 25 years with Boeing in […]
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Business/FinancialL3Harris’ Aerojet Business Partners With Navy To Bolster Solid Rocket Motor Supply Chain
L3Harris Technologies [LHX] on Monday said its Aerojet Rocketdyne company has signed a 10-year agreement with the Navy to increase production of solid rocket motors (SRMs) for national defense programs. […]
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Business/FinancialFederal IT Solutions Provider Crimson Phoenix Acquires Cyberspace Solutions
Crimson Phoenix, a supplier of information technology and data analytics solutions to the national security community, has acquired Cyberspace Solutions LLC (CSS) in a deal that bolsters its work with […]
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Business/FinancialFairbanks Morse Acquires Metalworking Company Samtan Engineering
Fairbanks Morse Defense (FMD) on Monday said it has acquired Samtan Engineering Corp., which provides metalworking services for Navy and Coast Guard vessels, and aerospace and commercial customers. Terms of […]
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Business/FinancialGD Names New Combat Systems Chief, CFO; Aiken To Focus On Technologies Segment
General Dynamics [GD] last Friday announced several personnel moves, naming Danny Deep as its incoming chief of the company’s Combat Systems segment, and Kim Kuryea as the company’s next chief […]
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Business/FinancialRTX Appoints Phil Jasper To Lead Raytheon Segment
RTX [RTX] on Thursday appointed Phil Jasper as president of its Raytheon operating segment, succeeding Wes Kremer who will retire at the end of March. Japer will report to Chris […]
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Business/FinancialDoC In Preliminary Deal With Semiconductor Firm To Boost U.S. Production Of Chips That Will Aid Aerospace And Defense
The Biden administration on Thursday said the Department of Commerce has agreed to preliminary terms with Microchip Technology Inc. [MCHP] to provide $162 million in federal incentives to boost the […]
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Business/FinancialArlington Capital Partners Forms New Aircraft Engine Components Supplier
The private equity firm Arlington Capital Partners on Thursday said it has formed Kinetic Engine Systems, a supplier of precision aerospace engine components for commercial and defense markets. Kinetic Engine […]
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Business/FinancialCadre Holdings To Acquire Ground Robotics Manufacturer ICOR Technology
Cadre Holdings [CDRE] in late December said it has agreed to acquire ICOR Technology, a small Canadian developer and manufacturer of ground robotic platforms for public safety and military applications. […]