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ERC To Acquire Oasis Systems, Adding Scale

By Cal Biesecker

Thursday, April 14th, 2022

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ERC To Acquire Oasis Systems, Adding Scale

Tom Colatosti, chairman of Oasis Systems, will lead ERC-Oasis. Photo: Oasis Systems

The private equity firm Brightstar Capital Partners on Wednesday said its portfolio company ERC, LLC, has agreed to acquire Oasis Systems, LLC, in a deal that adds significant scale, technology expertise and customers in the federal space. Terms of the deal, which is expected to close during the second quarter, were not disclosed. ERC, which is based in Alabama and acquired by Brightstar in 2021 in partnership with the company’s owner and senior management, provides engineering and consulting services to…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

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Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]