Brenda Marie Rivers

KippsDeSanto’s Warren Romine: Defense Spending, Market Factors Could Drive M&As

Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their capacity to keep up with market trends, the Washington Business Journal reported Monday. Romine told the publication in an interview he expects increased U.S. defense budget and low interest rates to also drive acquisition and divestiture efforts.

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Huntington Ingalls Gets Potential $954M Air Force ISR Support Order; Garry Schwartz Quoted

Huntington Ingalls Industries (NYSE: HII) has won a potential five-year, $954M task order to support the U.S. Air Force in intelligence, surveillance and reconnaissance missions throughout the service branch’s African and European areas of responsibility.

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