
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....