CAES Systems Holdings , a mission-critical radio frequency technology provider, has agreed to buy Herley Industries and Herley-CTI from Ultra Electronics Defense for an undisclosed sum.
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 new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
DHS has forecast a sole-source, 12-month follow-on BPA worth up to $100 million for identity, credential and access management support.
Proposals for the multiple-award vehicle are due Dec. 4 through the PIEE Solicitation Module.
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
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