Oshkosh (NYSE: OSK) has closed its acquisition of engineering company Pratt Miller in a debt- and cash-free transaction worth approximately $115M.
“This acquisition will allow us to leverage Pratt Miller’s experience and innovation in areas such as artificial intelligence, robotics, autonomous and connected systems and electrification, positioning our Company for future growth,” John Pfeifer , president and chief operating officer of Oshkosh, said in a statement published Tuesday.
Pratt Miller will retain its name, branding, facilities and team members and Oshkosh said the acquisition will provide the company immediate access to additional engineering expertise.
Oshkosh first announced the transaction in mid-December.
Serco Inc. has agreed to acquire QinetiQ US for $292 million to expand its engineering, naval and space work for…
The appointment follows the resignation of Jensen Huang, who was reportedly involved in a relationship with an alleged Chinese spy.
Find answers to common questions about the Navy’s drone efforts, including the MUSV program and how industry can participate.
CTC has appointed Dirigo Strategic Managing Director Brian Bontempo and former NSA CIO Hal Smith to its technical advisory board.
The Starbase site will generate its own power, with a tax abatement up for consideration Dec. 9.
Outlook's Shadow UGV can support intelligence missions and mobile communications and operate for 30 to over 45 days.
As defense tech CTO, Mahoney will oversee electro-optical/infrared payloads, radio frequency antennas, sensors and autonomous systems.
GDIT’s Navy IDIQ contract ceiling went up by $56 million to $154.5 million to support consolidation of legacy IT help…
Broadcom Chief Security Strategist Manoj Sharma has urged agencies to continuously monitor identities and endpoints as AI use grows.
Northrop Grumman Senior Director Kate Insley has joined CRDF Global’s board, bringing over 20 years of security policy experience.
Proposals are due Dec. 11, with three to six awards planned.
NRL has issued a solicitation for SESPD III, a potential $130 million spacecraft electronics prototyping IDIQ, with bids due Dec.…
You’ve already read all related articles.
VIDEO 
