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
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.
OSINT has become essential for fighting counterespionage as data from platforms like social media make it hard to create cover…
Jeff Keen held multiple leadership roles during his five years at Applied Insight and more than 12 years at Axiom…
Empower AI received a task order with a $36.9 million face value, running through June 2027.
TechnoMile has named Anupriyo Chakravarti chief product and technology officer to lead its product, tech and engineering teams.
WWT has received a potential $500 million USPS contract to provide telecommunications hardware, software and network support.
CBP forecasts a need for maritime surveillance systems that include search radar, EO/IR cameras and AIS receivers.
The in-space mobility company holds a position on the Space Force's NSSL Phase 3 Lane 1 contract.
Anderon finalized a $1 billion CHIPS Act award with Commerce for its Albany quantum wafer foundry, matched by $1 billion…
CACI's Apollo program is intended to help USCENTCOM make faster decisions and coordinate more effectively across commands and partners.
Ret. Air Force Lt. Gen. David Deptula joins the board alongside Stacey Dixon, who previously led IARPA.
IVIX's Don Fort has said AI-enabled OSINT platforms could help agencies convert public data into actionable intelligence.
Chris Carson brings more than 40 years of financial and government contracting experience to AMERICAN SYSTEMS.
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