Raytheon Takes in $320M for Electronic Radar

Bernhard Capital Partners has expanded its newly established government services platform by signing an agreement to buy Duotech Services for an undisclosed sum. Franklin, North Carolina-based Duotech provides maintenance and repair, remanufacturing and engineering platforms to support ground-based and aerial radar systems of U.S. defense customers and allied militaries worldwide, BCP said Monday. Duotech, which

The State Department has approved Japan’s request to procure up to five Northrop Grumman-made (NYSE: NOC) E-2D Advanced Hawkeye airborne early warning and control aircraft, related equipment and services from the U.S. government under a foreign military sales agreement worth approximately $1.4 billion. Northrop will serve as the prime contractor in the FMS deal, which

Northrop Grumman (NYSE: NOC) will manufacture and deliver active electronically scanned array radars to the U.S. Air Force for its F-16 Fighting Falcon jets under a $99.3 million contract modification. The Department of Defense said Monday the service branch exercises an option from the original contract to purchase 42 production radars as well as one