Herley Industries and Herley-CTI produce microwave technology and related products for radars, weapon sensors, flight instrumentation and electronic warfare systems in support of defense and aerospace industry clients.
The transaction was expected to conclude on Friday, March 3, Ultra said Friday.
Defense contractor Ultra Electronics is now part of Cobham following its acquisition in 2022.
According to Ultra, a fairness opinion related to the deal was commissioned and handed over to the trustees and agent in compliance with principal financing agreements.
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…
Brian Hobbs has been appointed CEO of Clarity Innovations, effective March 2, the company announced Tuesday. He succeeds founder and long-serving CEO Wes…
The Federal Aviation Administration has awarded a potential five-year, $437.4 million contract to ASRC Federal Advanced Research to provide second-level…
