Raven Industries, Inc. [RAVN], a provider of aerostats for scientific and security applications, recently said it has agreed to acquire Vista Research, Inc., a developer of surveillance technology that enhances the effectiveness of radars. Raven said it is paying $12 million in cash for Vista Research with a potential $38.5 million more in benchmark and earn-out provisions over the next seven years. The deal is expected to be completed this month. For Raven's Aerostar division, which Vista Research will become…
Recommended
Trending
Congress Updates
In Response To Flag Concerns, DoD Looks To Reduce Drone Prices
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]