Business/Financial
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Business/FinancialRedwire Acquires Deployable Space Systems, Building Out Product Suite
Redwire on Tuesday said it has acquired Deployable Space Systems (DSS), a supplier of deployable solar arrays and other space structures in a deal that adds a new line of […]
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Business/FinancialAeroVironment Completes Acquisition Of Arcturus UAV
AeroVironment [AVAV] on Monday said it has completed its $405 million acquisition of Arcturus UAV, expanding the company’s portfolio of unmanned air vehicles (UAVs) to include medium-endurance systems. AeroVironment’s legacy […]
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Business/FinancialU.S. Wants More Information From Lockheed Martin On Deal For Aerojet As RTC Raises Concerns
Lockheed Martin [LMT] last Friday said the Federal Trade Commission has asked it for additional information about the company’s proposed acquisition of propulsion systems provider Aerojet Rocketdyne [AJRD] as part […]
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Business/FinancialEssex Industries Acquires Stevens Manufacturing To Expand Aerospace And Defense Products
Essex Industries on Wednesday said it has acquired Stevens Manufacturing, a small aerospace and defense contractor that primarily supports the rotorcraft market. Terms of the deal were not disclosed. Stevens, […]
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Business/FinancialApplied Insight Acquires Small Company Serving Intelligence Community
Applied Insight on Wednesday said it has acquired Bridges Inc., a technology company serving the intelligence community that adds complementary capabilities and provides it with the ability to deliver end-to-end […]
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Business/FinancialSerco To Acquire U.S. Defense Contractor Whitney, Bradley & Brown
Britain’s Serco plc on Tuesday said its U.S. defense business has agreed to acquire Northern Virginia-based Whitney, Bradley & Brown (WBB) for $295 million in a deal that adds new […]
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Business/FinancialScaled Up Peraton Will Have Agility, Size And Resiliency, Shea Says
Peraton’s pending acquisition of federal information technology (IT) company Perspecta [PRSP], combined with the recent deal for Northrop Grumman’s [NOC] government services business and the company’s legacy capabilities will enable […]
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Business/FinancialPension Benefit, Operating Gains Boost Huntington Ingalls In Fourth Quarter
Huntington Ingalls Industries [HII] on Thursday posted higher net income and sales in its fourth quarter, driven by a pension tailwind, higher operating profits in two of its segments, and […]
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Business/FinancialAmentum, Apex, Leidos Create Joint Venture To Compete For ICBM Support
Amentum, Apex Systems and Leidos [LDOS] on Wednesday said they have formed Integrated ICBM Support Services, LLC (i2S2), a joint venture aimed at capturing the Air Force’s next support contract […]
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Business/FinancialRapid Innovation, Increased Partnerships Will Color Defense Industry In Future, Warden Says
Increasing use of advanced technologies such as artificial intelligence and more partnerships between companies and governments will lead to faster introductions of new solutions in the defense space, Kathy Warden, […]