Author: Christine Thropp|| Date Published: September 13, 2024
ITT (NYSE: ITT) has completed its acquisition of kSARIA, a Behrman Capital portfolio company that manufactures and supplies connectivity offerings for the aerospace and defense end markets.
The Stamford, Connecticut-based company said Thursday its purchase of kSARIA will be funded with a ~$460 million term loan and cash on hand.
kSARIA is added to the connect and control technologies segment of ITT. The segment produces harsh environment connectors and control components used in critical aerospace, defense and industrial applications.
ITT’s existing connector portfolio now includes kSARIA’s cable assemblies for avionics, sensors, communications and networking applications.
AeroVironment has tapped Robert “Rob” Smith as executive vice president and chief operating officer. Smith’s appointment, which will become official April 13, underscores…
GreyNoise Intelligence has launched Command and Control Detection, a new intelligence module designed to identify active cyber compromises using outbound…
BigBear.ai has named Jo Ann Bjornson as chief human resources officer and Alex Thompson as chief corporate affairs officer. The new leadership appointments…
