Business/Financial
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ArmyLockheed Martin’s International THAAD Sale Likely To Lower U.S. Costs
Lockheed Martin’s [LMT] Terminal High Altitude Area Defense (THAAD) sale to the United Arab Emirates (UAE) will make the system more affordable for the U.S. military as budgets tighten, company […]
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Business/FinancialRaven Industries To Acquire Small Radar Processing Firm
Raven Industries, Inc. [RAVN], a provider of aerostats for scientific and security applications, yesterday said it has agreed to acquire Vista Research, Inc., a developer of surveillance technology that enhances […]
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Army
Army Plans New Contract For Gray Eagle UAS Software Upgrades
The Army yesterday said it anticipates issuing a new cost-plus-incentive-fee (CPIF) contract to General Atomics Aeronautical Systems Inc. (GA-ASI) for pre-planned software improvements so additional payloads can be integrated on […]
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Business/Financial
Mercury Computer Acquires Defense Electronics Firm KOR Electronics
Mercury Computer Systems [MRCY] last Friday completed its acquisition of defense electronics firm KOR Electronics for $70 million in cash, adding to its sensor processing capabilities. KOR and its subsidiary, […]
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Business/Financial
Kratos Acquires Public Safety Business
Kratos Defense & Security Solutions [KTOS] yesterday said it has acquired select assets of a critical infrastructure and public safety system integration business from an undisclosed large international public company. […]
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Business/Financial
J.F. Lehman Acquires Aviation Support Services Firm
The private equity firm J.F. Lehman & Company yesterday said it has acquired the aviation services company Doss Aviation, Inc., adding to its portfolio in the defense and aerospace sectors. […]
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Army
Booz Allen Hamilton To Support Army Maneuver Center of Excellence
Booz Allen Hamilton [BAH] said it is one of the major contractors that will support the Maneuver Center of Excellence (MCoE) at Fort Benning in Columbus, Ga. Booz Allen is […]
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Business/Financial
Boeing Signs MoUs With Brazilian Companies To Explore Work Opportunities
Boeing [BA] Defense, Space & Security business yesterday said it signed Memorandums of Understanding (MoUs) with two Brazilian companies: MSM Powertrain Ltda. and Pan Metal Industria Metalurgica Ltda. The MoUs […]
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Business/Financial
Marines Renew Navistar Defense Field Service Rep Contract
Navistar Defense LLC yesterday said it received a $134 million delivery order for field service representatives (FSRs). The order from Marine Corps Systems Command renews the company’s in-theater FSR service […]
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Air ForceCyclone Power Technologies To Acquire Advent Power Systems, Become Army Prime Contractor
Cyclone Power Technologies Inc. [CYPW], developer of the all-fuel, clean-tech Cyclone Engine, said yesterday it signed a definitive agreement to acquire the assets and business of Advent Power Systems Inc., […]