
The Department of Defense has signed agreements worth $187M combined with five companies under the Defense Production Act Title III to help sustain domestic production capabilities and critical workforce during the COVID-19 pandemic. DoD said Friday the contracts were awarded to Austal’s U.S. arm, General Electric’s (NYSE: GE) aviation business...
Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to acquire Communications & Power Industries’ ASC Signal Division subsidiary for $35M in cash as part of efforts to expand its antenna systems and other offerings across the space ground sector and expand support for defense missions and intelligence operations....