Business/Financial
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Business/FinancialPangiam Acquires Computer Vision Company Trueface
Pangiam on Tuesday said it has acquired Trueface, which has capabilities in computer vision for facial recognition, weapons detection, age verification and anomaly detection, significantly bolstering its technology prowess to […]
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Business/FinancialContractor for Civilian Nuke Production Sites Gets Short Extension
Consolidated Nuclear Security will remain on the job at the National Nuclear Security Administration’s two big production sites at least two months longer than planned and possibly as many as […]
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Business/FinancialAccenture Federal To Acquire Analytics Company Novetta
Accenture Federal Services on Tuesday said it has agreed to acquire Novetta, adding work in the national security sector boosting its capabilities in advance analytics, cybersecurity and cloud engineering. Terms […]
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Business/FinancialEaton Closes $2.8 Billion Deal For Cobham Mission Systems
Eaton [ETN] on Tuesday said it has completed its $2.8 billion acquisition of Cobham Mission Systems from the private equity firm Advent International, expanding its defense business and its offerings […]
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Navy/USMCNavistar To Pay U.S. $50 Million To Settle Complaint It Overcharged For MRAP Parts
Navistar Defense [NAV] will pay the U.S. government $50 million to settle a complaint that the vehicle manufacturer overcharged the military by inflating the cost of parts for Mine-Resistant Ambush […]
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Business/FinancialNSC Official Says Biden’s Cyber Order Will Strengthen Operational Technology
The Biden administration’s recent cybersecurity executive order that calls for leveraging federal buying power to ensure that software products purchased by government agencies is more secure than ever will benefit […]
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Business/FinancialBelcan Acquires Small Company That Supports SOCOM, Federal Agencies
Multi-industrial and government service provider Belcan, LLC on Thursday said it has acquired VICTOR42, which provides analytical, operational and technical support to various government and private sector clients, including U.S. […]
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Business/FinancialNexus Capital Acquiring HDT Global
The investment management company Nexus Capital Management has agreed to acquire the defense infrastructure company HDT Global from its current owner, the private equity firm Charlesbank Capital Partners. Terms of […]
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Business/FinancialHII Unveils Proteus Unmanned Surface Vessel For Testing
Huntington Ingalls Industries [HII] unveiled its new Proteus unmanned surface vessel (USV) last Thursday for use in testing and development of autonomous capabilities. The Proteus USV is 27 feet long […]
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Business/FinancialFLIR Deal Gives Teledyne Comprehensive Unmanned Systems Portfolio
Teledyne Technologies’ [TDY] acquisition this month of FLIR did more than dramatically expand its portfolio of sensor capabilities, it expanded the company’s suite of unmanned systems that now range from […]