Primus Aerospace , an aerospace and defense components manufacturer backed by Angeles Equity Partners, has acquired fabricated metal parts supplier Raloid in a push to enter the tier 1 business segment of the defense industry.
Financial terms of the acquisition were not disclosed and Angeles Equity said Tuesday the acquired small business will maintain its existing brand name.
Raloid offers precision component manufacturing, assembly and integration and build-to-print manufacturing services in support of defense and aerospace programs.
The business previously manufactured components and subassemblies for defense contractors Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX).
Simpson Thacher & Bartlett provided legal advisory services to Primus on the deal.
Amentum CEO John Heller honored with Scouting America’s annual tech sector award at luncheon attended by top GovCon industry players
The Azimut.ai acquisition marks Windward's first move into proprietary ship-mounted and ground-based maritime sensors.
The former Aretum chief growth officer also held leadership roles at M9 Solutions, Capgemini and other federal contractors.
Concurrent Technologies Corp. will split its CFO responsibilities into two roles as John Klein retires.
The initial task order is worth $115 million, with Viasat serving as the network and mission system integrator.
IonQ's Elisity deal includes up to $150 million in additional consideration tied to revenue performance through January 2028.
Tiffany Yeager moves into the permanent post after leading the Leidos subsidiary in an acting capacity.
Intel has named Rob Gillis general manager of government go-to-market and sales, succeeding Greg Clifton.
Garrett Lee, a Broadcom regional VP, has outlined how federal agencies can use AI in cyber defense with governance and…
Garrett Lee, a Broadcom regional VP, has outlined how federal agencies can use AI in cyber defense with governance and…
NASA's awards include $460.9 million for Viasat, $340.4 million for Global Enterprise Solutions and $264.3 million for Astranis.
NASA's awards include $460.9 million for Viasat, $340.4 million for Global Enterprise Solutions and $264.3 million for Astranis.
You’ve already read all related articles.
VIDEO 
