BAE Systems is in discussions with Westminster, Colorado-based Ball Corp. (NYSE: BALL) to purchase the latter’s aerospace division in a potential deal worth more than $5 billion.
If an agreement is reached, the British defense contractor would take over the business that manufactures instruments and sensors for military, aerospace and national security applications.
The division reportedly drew interest from private equity firms Blackstone (NYSE: BX) and Veritas Capital Fund Management and defense contractors General Dynamics (NYSE: GD) and Textron (NYSE: TXT).
Ball wants to divest its aerospace unit, which constituted 13 percent of its net sales in 2022, to focus on its core packaging operations and reduce debt.
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NextGen IACMAC would succeed a $48 billion vehicle that sunsets in April 2028.
Zabierek, a former Air Force intelligence officer, will guide corporate development at C5MI.
The work runs through October 2031, with Army Contracting Command at Redstone Arsenal setting work sites and funding by order.
MITRE has named Susannah Wright vice president and deputy general counsel to help lead its legal office and advise senior…
DARPA's sole-source award covers engineering capabilities that apply scientific and technical research findings to practical needs.
SAIC and Analytical Services and Materials hold the incumbent BPAs, with solicitations estimated for January 2027.
The Army plans full and open competition for the base contract, with awards reserved for small businesses.
Husted previously led Entarian’s maritime operations portfolio supporting the Navy, Marine Corps and Coast Guard.
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