- M&A Activity
Raytheon (NYSE: RTN) paid $588M to acquire Vista Equity Partners' minority interest in their cybersecurity joint venture Forcepoint during the fourth quarter of 2019....
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Raytheon (NYSE: RTN) paid $588M to acquire Vista Equity Partners' minority interest in their cybersecurity joint venture Forcepoint during the fourth quarter of 2019....
Jason Yaley, former civil servant at the Department of Defense, has joined Advanced Concepts and Technologies International as corporate chief of staff and senior director for corporate affairs....
Comtech Telecommunications (Nasdaq: CMTL) has agreed to buy Gilat Satellite Networks (Nasdaq: GILT) for $10.25 per share or approximately $532.5M in cash and stock. “The acquisition better positions Comtech to take advantage of key marketplace trends, particularly the growing demand for satellite connectivity and the enormous long-term opportunit...
A BAE Systems research and development team has been selected to build mixed-mode signal processing technology under a Defense Advanced Research Projects Agency program to deploy next-generation radio frequency platforms and drive U.S.-based defense electronics manufacturing efforts....
Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTX), said UTC hopes to close its potential $120B merger with Raytheon (NYSE: RTN) by early April and has begun planning for the integration of the two companies, the Hartford Business Journal reported Tuesday....
Ravi Ravichandran, a technology industry veteran, has been appointed vice president and chief technology officer for the intelligence and security sector at BAE Systems’ U.S. subsidiary....
Axiom Space has received NASA approval to build a commercial destination module to help the agency continue low-Earth orbit missions once the International Space Station is decommissioned. The company said Monday it won the NextSTEP-2 Appendix I solicitation that provides for the Axiom Station, a facility that would initially serve as an ISS att...
Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their capacity to keep up with market trends, the Washington Business Journal reported Monday. Romine told the publication in an interview he expects increased U.S. defense budget and low interes...
Jim Faist, director of research and engineering for advanced capabilities at the Department of Defense, will serve as a keynote speaker during Potomac Officers Club’s 6th Annual Defense Research and Development Summit 2020 on Tuesday, Feb. 6th. ...
ASGN (NYSE: ASGN) has closed its acquisition of Blackstone Technology Group’s federal division for $85M in cash. ASGN said Monday it will integrate Arlington, Va.-based Blackstone Federal into ECS’ enterprise solutions group focused on providing digital platforms to federal civilian clients....