Business/Financial

TransDigm Group Inc.’s [TDG] Belgium-based Technical Airborne Components (TAC) business unit on Tuesday said it has agreed to be acquired by the private equity firm Searchlight Capital Partners. Terms of […]

Elbit Systems of America on Tuesday said it has completed its $380 million acquisition of Sparton Corp. in a deal that expands its work on naval systems. The acquisition also […]

Lockheed Martin [LMT] on Monday named Bridget Lauderdale as the new head of its F-35 strike fighter program, succeeding Greg Ulmer, who became executive vice president of the company’s Aeronautics […]

Anduril Industries on Thursday said it has acquired Area-I in a deal that builds out its line of unmanned aircraft systems (UAS) with fixed-wing aircraft and related technologies. Terms of […]

The private equity firm J.F. Lehman & Company on Wednesday said it has made a “substantial investment” in Trillium Engineering, a small developer and provider of gimbaled camera systems for […]

Israel’s Elbit Systems [ELST] on Thursday said it has acquired Rokar International from BAE Systems, Inc. for $31 million, pulling in a key supplier of GPS receivers and guidance systems […]

A day after Singapore’s ST Engineering increased its bid for Cubic Corp. [CUB], the California based transportation and defense contractor on Wednesday said accepted a revised, but still lower, offer […]

President Biden on Wednesday was set to present a $2 trillion jobs plan for America that includes nearly $500 billion in proposed investments in spending on research and development and […]

Science Applications International Corp. [SAIC] last Thursday reported higher sales and earnings in its fiscal year 2021 fourth quarter, driven by its acquisition last year of the federal business of […]

Redwire, a small space company formed last year through acquisitions, is merging with the special purpose acquisition company (SPAC) Genesis Park Acquisition Corp. [GNPK] in a deal that will give […]