Business/Financial
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Business/FinancialAmentum Reorganizing National Security Business
Amentum, leading contractor for the Department of Energy and other government agencies, last week outlined management roles for a new National Security business group that the Maryland-based company is putting […]
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Business/FinancialRafael Acquires EO Provider, Expanding U.S. Presence
Israel’s Rafael Advanced Defense Systems Ltd. last Friday said it has acquired California-based PVP Advanced EO System (PVP AEO), a deal that expands its presence in the U.S. Terms of […]
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Business/FinancialFairbanks Morse Acquires Supplier Of Marine Electrical Hardware
Fairbanks Morse Defense (FMD) on Thursday said it has acquired Research Tool & Die (RT&D), a small manufacturer of electrical hardware components used in naval ships, adding to its turnkey […]
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Business/FinancialAerojet Rocketdyne Shareholders Get Date To Vote On New Board
Shareholders of Aerojet Rocketdyne [AJRD] on June 30 will get a chance to vote for a new slate of board of directors, a delay of nearly two months from the […]
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Business/FinancialTransDigm Completes Acquisition Of DART Aerospace
TransDigm Group [TDG] on Wednesday said it has completed its $360 million cash acquisition of DART Aerospace from the private equity firm Greenbriar Equity Group. The deal was first announced […]
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Business/FinancialKratos Acquires Engineering Business Materials Expertise In Hypersonics, Ballistic Missiles And Space
Kratos Defense & Security Solutions [KTOS] on Tuesday said it has acquired the Engineering Division of Southern Research for $80 million, adding a new research and development campus and capabilities […]
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Business/FinancialHII’s Newport News Division Plans Hiring Spree
HII [HII] on Monday said its nuclear shipbuilding division plans to hire 5,000 people this year and nearly 21,000 within the next decade to meet the Navy’s shipbuilding needs for […]
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Business/FinancialParsons To Acquire Xator, Adding Capabilities In Force Protection, Counter UAS
Parsons Corp. [PSN] on Monday said it has agreed to acquire Xator Corp. in a $400 million deal that gives it an entrée into the counter-drone and force protection markets, […]
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Business/FinancialBig Civilian Nuke Sites Contract Canceled Amid Conflict of Interest Controversy
In a blow to Fluor [FLR] and Amentum, the National Nuclear Security Administration (NNSA) said Monday it canceled a potentially 10-year, $28 billion contract for a joint venture of the […]
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Business/FinancialAerojet Rocketdyne Chief Says Dissident Chairman Openly Explored New CEO, Approached Leidos For Deal
Warren Lichtenstein, the executive chairman of Aerojet Rocketdyne [AJRD] whose investment firm Steel Partners [SPLP] owns a minority share of the company’s stock and controls four of its eight board […]
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