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.
The Potomac Officers Club is honored to announce that Robert Hayes, acting chief artificial intelligence officer at the U.S. Patent and…
GreyNoise Intelligence has appointed Mike Habte, a federal technology sales and business development executive, as director of federal sales to…
The U.S. Army has awarded Anduril Industries a potential 10-year, $20 billion contract to consolidate the procurement of the company’s…
Motorola Solutions has acquired Exacom, a provider of cloud-native recording and logging technology used to capture 911 calls and radio…
The U.S. Air Force has awarded Boeing two contract modifications totaling $2.43 billion for work supporting the E-7A program. The Potomac…
The National Oceanic and Atmospheric Administration has released a draft request for proposals for its ProTech 2.0 professional services contracting…
L3Harris Technologies has appointed Sam Mehta as president of the space and mission systems, or SMS, and communications and spectrum dominance, or…
York Space Systems has acquired Orbion Space Technology as part of a push to expand its satellite propulsion capabilities and…
DCS has secured a $95 million contract from the Air Force Research Laboratory’s Multi-Domain Sensing Autonomy Division to provide analytical…
AIX Tech has received a Defense Health Agency contract worth $225 million to provide acquisition and administrative support services for…
Diffraqtion has closed another pre-seed funding round, pushing the company’s pre-seed financing valuation to over $100 million. What Technology Is…
company’sGoogle has completed its acquisition of cloud security company Wiz, bringing the New York-based cybersecurity platform into the Google Cloud…
You’ve already read all related articles.
VIDEO 
