Author: Jane Edwards|| Date Published: January 29, 2021
Stockholders of Mikros Systems have approved the company’s merger with McKean Defense Group, an employee-owned company in Philadelphia focused on integrating information technology across shipboard systems.
With the approval, McKean and Mikros expect the transaction to conclude by Jan. 30, Saturday, the companies said in a joint release published Thursday.
McKean signed a definitive agreement in November to acquire Mikros for approximately $4.6 million in cash, or $0.13 per share, as part of a push to expand its Navy portfolio with the addition of technology capabilities from the transaction.
Mikros develops and manufactures electronic systems for advanced maintenance in military, commercial and industrial applications. Its capabilities include electronic systems engineering and integration, tech management and radar systems engineering.
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…
