The private equity firm Court Square Capital yesterday said it has acquired Wyle, a provider of aerospace and information technology solutions to the federal government, from Littlejohn & Co., another private equity firm. Terms of the deal were not disclosed. Littlejohn acquired Wyle in 2003. The company has about $800 million in sales and 3,800 employees. There are no changes in Wyle's organization and management team. "We are excited about Wyle's future prospects with a strong new financial partner, which…
Recommended
Rocket Lab Gets German Approval To Acquire Mynaric
Red Cat Adds Swarming Autonomy Developer Apium To Portfolio
Hundreds of Bath Iron Works Ship Designers Go On Strike
Trending
Congress Updates
Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says
Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]
Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority
Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]
Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’
Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]
Job Feed
-
Material Planner
Leidos - Camp Springs, MD -
Prosecuting Attorney I/II
City of Bellingham - Bellingham, WA -
Machine Learning Scientist
Time Series Reinforcement Learning - Senior Associate - Machine Learning Center of Excellence - JPMorganChase - New York, NY -
Deck Engineer
Mixed Work Schedule - Military Sealift Commanf - Norfolk, VA