Business/Financial
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Business/FinancialAeroVironment Details ‘Bigger, Faster, More Effective’ Version Of Switchblade Loitering Missile
AeroVironment [AVAV] on Thursday unveiled a “bigger, faster and more effective” version of its man-portable, tube-launched Switchblade loitering missile, which the company said has already garnered interest from several DoD […]
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Business/FinancialTrump Declares National Emergency Due To U.S. Dependency On China For Critical Minerals
President Trump on Wednesday evening issued a national emergency aimed at making the U.S. less dependent from foreign sources, in particular China, for critical minerals that are key ingredients in […]
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Business/FinancialOSI Systems Acquires Nuclear Security Company Nucsafe
OSI Systems [OSIS] on Tuesday evening said it has acquired the radiation detection company Nucsafe in a deal that expands its products and customer footprint in the nuclear security market. […]
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Business/FinancialTeaming Arrangements Taking Shape for Competition to Manage Civilian Nuclear Weapon Production Sites
The competitive landscape for the potentially 10-year, $28-billion contract to manage the Department of Energy’s two big nuclear weapons production sites is starting to come into focus, now that the […]
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Business/FinancialAvantus Aerospace Acquires Fastener Company
Avantus Aerospace on Tuesday said it has acquired Fastener Innovation Technology (FIT), a manufacturer of high-strength specialty fasteners for military and commercial aerospace applications. Terms of the deal were not […]
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Business/FinancialExcelitas Acquires Defense Electronics Unit From Silicon Power
Excelitas Technologies on Monday said it has acquired the SolidTRON product line from Silicon Power Corp., expanding its product portfolio with the aerospace and defense industry and strengthening its supply […]
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Business/FinancialAmentum To Acquire DynCorp, Creating $6 Billion Service Company
Amentum Holdings last Friday said it has agreed to acquire DynCorp International in a deal that would broaden its defense services business into aviation and logistics support. Terms of the […]
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Business/FinancialCurtiss-Wright To Acquire Battlefield Tactical Communications Provider PacStar
Curtiss-Wright [CW] on Thursday said it has agreed to acquire Pacific Star Communications, Inc. (PacStar) for $400 million in cash, adding battlefield tactical networking equipment and solutions to its capabilities. […]
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Business/Financial
Sievers Taking Over as Y-12 Site Manager as CNS Leadership Shuffle Continues
Gene Sievers is taking over as manager of the Y-12 National Security Complex in Oak Ridge, Tenn., backfilling a position left vacant after his predecessor was promoted as part of […]
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Business/FinancialHII Signals Deep Commitment To Unmanned Systems With New Facilities
Shipbuilder Huntington Ingalls Industries [HII] on Tuesday upped its commitment to the development and manufacture of unmanned naval vessels, breaking ground on a new center of excellence in Virginia specifically […]