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.
Amentum CEO John Heller honored with Scouting America’s annual tech sector award at luncheon attended by top GovCon industry players
The Azimut.ai acquisition marks Windward's first move into proprietary ship-mounted and ground-based maritime sensors.
The former Aretum chief growth officer also held leadership roles at M9 Solutions, Capgemini and other federal contractors.
Concurrent Technologies Corp. will split its CFO responsibilities into two roles as John Klein retires.
The initial task order is worth $115 million, with Viasat serving as the network and mission system integrator.
IonQ's Elisity deal includes up to $150 million in additional consideration tied to revenue performance through January 2028.
Tiffany Yeager moves into the permanent post after leading the Leidos subsidiary in an acting capacity.
Intel has named Rob Gillis general manager of government go-to-market and sales, succeeding Greg Clifton.
Garrett Lee, a Broadcom regional VP, has outlined how federal agencies can use AI in cyber defense with governance and…
Garrett Lee, a Broadcom regional VP, has outlined how federal agencies can use AI in cyber defense with governance and…
NASA's awards include $460.9 million for Viasat, $340.4 million for Global Enterprise Solutions and $264.3 million for Astranis.
NASA's awards include $460.9 million for Viasat, $340.4 million for Global Enterprise Solutions and $264.3 million for Astranis.
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