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Nick Trzcinski, a nearly two-decade defense industry veteran, has joined McLean, Va.-based information technology services contractor Steampunk as senior vice president for the Department of Defense sector....

QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQ™s U.S. operations.  œThe acquisition of MTEQ is a significant step towards...

CACI International (NYSE: CACI) will help the U.S. Navy assess weapon and combat systems under a potential five-year, $70M task order awarded through the service branch's SeaPort-e contract vehicle. The company said Thursday it will work with the Naval Surface Warfare Center, Corona Division, in efforts to  ensure acquisition readiness of...

QinetiQ has agreed to buy Lorton, Va.-based sensor provider Manufacturing Techniques for approximately $105M in a push to establish a global defense and security company. The deal, which is subject to legal and regulatory approvals, involves an additional $20M in cash and stock payments contingent on financial performance over a three-year period, Q...