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Scott Ransley, an aerospace industry veteran with more than 35 years of experience, has been appointed CEO of Cadence Aerospace‘s engines systems unit. Cadence said Tuesday that Ransley succeeds Kevin Martin, who has led the engines segment since January of last year, and will manage the profitability of three business locations that make up t...

Vishal Deshpande, a two-decade federal information technology market veteran, has joined Unissant as chief data analytics officer. He will oversee the development and implementation of the company’s technical vision, roadmap and strategy related to data and advanced analytics and help accelerate the adoption of artificial intelligence and machine ...

The U.S. Navy is paving new paths toward innovation and getting more creative about how it harnesses new talent while developing and retaining its workforce. Christopher Cleary, principal cyber advisor for the Department of the Navy, said he thinks younger, newer Navy members should be given more responsibility and oversight of long-term initiatives...

Allied Motion Technologies (Nasdaq: AMOT) has acquired electrical drive systems provider FPH Group for an undisclosed sum as part of efforts to expand its presence in the defense market. “This acquisition is an excellent strategic fit as it provides us with a deeper penetration within defense applications including the necessary manufacturing lice...

Raytheon Technologies‘ (NYSE: RTX) missiles and defense business will manufacture 1,300 anti-aircraft weapons for the U.S. Army under a four-year, $624 million contract. The company said Friday that funds for the order will come from an emergency spending package that offers additional aid to Ukraine and seeks to replenish the U.S. weapons sto...

Semiconductor company Broadcom (Nasdaq: AVGO) has agreed to acquire multicloud services provider VMware (NYSE: VMW) in a cash-and-stock transaction valued at approximately $61 billion as part of Broadcom’s strategy to establish a leading infrastructure technology company. The boards of directors of both companies unanimously approved the deal that...

The State Department has approved the request of the Australian government to procure high mobility artillery rocket systems and related launcher equipment for approximately $385 million under the Foreign Military Sales program. The potential transaction includes 20 M142 HIMARS, 30 M30A2 guided multiple launch rocket systems, 10 M57 Army tactical mi...