
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 QinetiQs U.S. operations. The 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...
Dave Wajsgras, president of the intelligence, information and services business at Raytheon (NYSE: RTN) and 2019 Wash100 winner, has said a software development approach commonly used in nondefense and high-technology organizations helped the company turn around the GPS Operational Control System modernization program....
TYSONS CORNER, VA, October 3, 2019 — Jacobs Engineering Group’s (NYSE: JEC) aerospace business collaborated with NASA to use a company-built high-definition camera to take photos of the exterior of the International Space Station during a mission on Aug. 21, ExecutiveBiz reported Sept. 17....
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...