A U.S.-based subsidiary of Rheinmetall’s defense segment has partnered with Textron Systems, Raytheon Technologies (NYSE: RTX) and other U.S. defense companies to form an industry team to compete for the U.S. Army’s Optionally Manned Fighting Vehicle program....
Koucar Management’s American Holoptics subsidiary has completed its acquisition of a L3Harris Technologies (NYSE: LHX) business unit that manufactures holographic sighting systems intended for military, law enforcement and commercial applications....
Jeffrey Lowinger, former president of the eMobility business at power management company Eaton, will officially join Cubic (NYSE: CUB) on April 27 as a senior vice president and president of its transportation systems business....
American Holoptics, a Koucar Management affiliate, has agreed to acquire L3Harris Technologies’ (NYSE: LHX) EOTech business for an undisclosed sum. The acquisition is expected to be finalized by mid-2020, subject to customary closing conditions, the companies said in a joint release published Tuesday....
On Tuesday, Potomac Officers Club (POC) hosted its Unmanned Systems in the Future Fight Forum featuring Maj. Gen. Peter Gersten, special assistant to the Deputy Chief of Staff for Plans and Programs (AF/A5/8) for the U.S. Air Force, as the keynote speaker. In addition, an expert panel featuring Jim Thomson of the Army Futures Command...
Affiliates of private equity firms Lindsay Goldberg and American Securities have agreed to acquire AECOM’s (NYSE: ACM) management services business for $2.4B....
President Trump announced on Wednesday that he’s selected Robert O’Brien to be the new National Security Adviser for the White House. O’Brien succeeds John Bolton, who left Trump’s administration last week. In his role, O’Brien will tackle everything from immigration policy to heightened tensions with Iran. H...
Science Applications International Corp. (NYSE: SAIC) has secured a potential five-year, $60M contract to support the modernization of mission-critical information technology systems at the U.S. Patent and Trademark Office....
Augmented identity and biometric systems provider IDEMIA will unveil its new North American corporate headquarters on June 20 in Reston, Va., GovCon Wire has learned. Ed Casey, CEO of IDEMIA’s identity and security business in North America, and other members of the U.S. leadership team will take part in the opening and provide attendees hands-on...
Anthony Robbins, vice president for the North American public sector at NVIDIA (Nasdaq: NVDA), has said the federal government should make contributions across data, computing infrastructure and training areas in order to harness the potential of artificial intelligence. Robbins wrote the U.S. government should train engineers in data science a...
