Author: Naomi Cooper|| Date Published: July 28, 2022
A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount as part of the former’s efforts to expand engineering offerings for the U.S. military.
Thales Defense & Security Inc. now has full ownership of AAC, which generated $80 million in 2021 sales and employs more than 200 personnel specializing in development and delivery surface ship combat systems and undersea warfare platforms to the U.S. Navy, Thales said Wednesday.
Mike Sheehan, CEO of TDSI, said ACC’s expertise in surface ship anti-submarine warfare and mine countermeasures will strengthen the subsidiary’s capability to support the Department of Defense’s mission needs.
The Defense Health Agency awarded a combined $8.07 billion in contracts to Humana Government Business, Evernorth Federal Services and Ipsos Public Affairs…
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…