Author: Jane Edwards|| Date Published: July 12, 2023
Four U.S. lawmakers have urged the Department of Defense to strengthen its review process for mergers and acquisitions and be more transparent with the public about the findings of its reviews of such transactions while ensuring the need to safeguard national security and confidential business information.
In a letter addressed to Defense Secretary Lloyd Austin and William LaPlante, undersecretary of defense for acquisition and sustainment, the lawmakers cited how excessive M&As could harm competition and innovation in the defense industrial base, Sen. Elizabeth Warren’s office said Tuesday.
Radiance Technologies has elevated Darien Hammett to chief operating officer, placing him in charge of daily operations and execution across the company.…
latter’sRocket Lab announced Tuesday it has completed the acquisition of Mynaric, a laser-optical communications terminal provider, in a $155.3 million…
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
