Business/Financial
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Business/FinancialCourt Denies Perspecta’s NGEN Protest, Freeing Navy, Leidos To Move Forward
The U.S. Court of Federal Claims last Thursday denied a protest by losing bidder Perspecta [PRSP] over the Navy’s decision in February to award a $7.7 billion network management contract […]
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Business/FinancialBAE Systems Names Tondreault President Of Platforms & Services Sector
BAE Systems on Wednesday said that Jeremy Tondreault has been named as the new president of the Platforms & Services operating segment effective Jan. 4, succeeding Guy Montminy who plans […]
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Business/FinancialNorthrop Grumman Investing In AI Startup Deepwave Digital
Northrop Grumman [NOC] on Tuesday said it will be investing in and collaborating with Deepwave Digital, which is developing artificial intelligence (AI)-based technologies that improve communications processing. Terms of the […]
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Business/FinancialRedwire Acquires Space Technology Company LoadPath
Redwire on Tuesday said it has acquired LoadPath, a space technology company specializing in payload adapters, deployable structures and thermal products, a deal that marks the fifth acquisition this year […]
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Business/FinancialManTech Acquires Small Company To Bolster Cyber Defense Capabilities
ManTech International [MANT] on Monday said it has acquired Tapestry Technologies, a small Pennsylvania-based company that gives it additional capabilities in cyber defense solutions and adds new customers. Terms of […]
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Business/FinancialGroup Of Defense Contractors, Industry Associations Urge Congress To Extend Sec. 3610 Through FY ‘21
A group of defense contractors and industry associations is urging Congress to extend a provision allowing companies to submit COVID-related claims for reimbursement through the end of fiscal year 2021, […]
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Business/FinancialLeidos Boosting Cloud, Digital Modernization Capabilities With 1901 Acquisition
Leidos [LDOS] on Thursday said it has agreed to acquire 1901 Group, a provider of managed information technology (IT) services and cloud solutions to the private and public sectors, for […]
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Business/FinancialAeroVironment Enters Unmanned Ground Vehicle Space With Telerob Acquisition
Unmanned aircraft system developer and manufacturer AeroVironment [AVAV] on Tuesday said it has agreed to acquire Germany’s Telerob for $45.4 million in cash, a deal that gives it products and […]
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Business/FinancialVeritas Acquiring IT And Mission Support Services Of Northrop Grumman To Build Up Peraton
Veritas Capital on Monday evening said it has agreed to acquire the federal information technology (IT) and mission support services business of Northrop Grumman [NOC] for $3.4 billion in cash […]
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Business/FinancialMercury To Acquire Electronic Warfare Company Physical Optics
Mercury Systems [MRCY] on Monday said it has agreed to acquire Physical Optics Corporation (POC) in a $310 million cash deal that will broaden and complement its avionics and mission […]