Sign In
Search
Business/Financial

Chemring To Acquire The Allied Defense Group For $59 Million

DDN
SHARE:

By Calvin Biesecker Britain's Chemring Group yesterday said it has agreed to acquire Virginia-based The Allied Defense Group [ADG] for $59 million in cash, expanding its ammunition products and related services. The deal is expected to close within three months, subject to regulatory approvals by the U.S. government and ADG shareholder approvals. Chemring will pay $7.25 per share, a 54 percent premium to ADG's stock price, at the close of business last Friday. Chemring will be getting ADG's Belgium-based Mecar…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

HII Reports Strong Fourth Quarter And 2025 On Shipbuilding, Mission Tech

Business/Financial

Lockheed Martin, Pentagon Sign Agreement To Quadruple THAAD Interceptor Production

Business/Financial

Drone Autonomy Company Swarmer Files To Go Public

Business/Financial

Cybersecurity Firm Supporting Defense Companies Raises $31 Million In Early Funding Round

Trending

Startup Developing Blended Wing Aircraft For Cargo Use Raises $28 Million
America First Arms Transfer Strategy Looks To Larger FMS
Cyber Defense At RF, Ground, Optical Interfaces Key For Space Systems
Starfish Nabs $55 Million Space Force Award For Orbital Mobility
Contract Awards

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume