CACI International (NYSE: CACI) has agreed to buy Azure Summit Technology for approximately $1.275 billion in cash as part of efforts to expand its technology offerings for the Department of Defense and other national security agency customers. CACI said Monday it expects the all-cash transaction to conclude in the second quarter of fiscal year 2025...
John Bell was elevated to the role of chief technology officer at HII‘s (NYSE: HII) mission technologies division, where he most recently served as technical director. The executive announced his promotion via a LinkedIn post published Saturday. According to the company website, the new HII Mission Technologies CTO is responsible for technical...
The State Department has approved the government of Romania’s $7.2 billion request to purchase F-35 aircraft, engines and related equipment. under the Foreign Military Sales program. The Defense Security Cooperation Agency said Friday the southeastern European country asked to buy 32 F-35A Lightning II Joint Strike Fighter Conventional Ta...
The State Department has approved a potential $691 million foreign military sales request of the government of the Netherlands to buy 246 AIM-9X Sidewinder Block II tactical missiles, related equipment and support services from the U.S. government. The Defense Security Cooperation Agency said Friday RTX (NYSE: RTX) will serve as the principal contra...
Astrion, a portfolio company of private equity firm Brightstar Capital Partners, has finalized its purchase of Axient in a transaction that expands its capabilities aimed at helping defense and civilian agencies address critical challenges across systems engineering, digital, mission support and cybersecurity areas. In a statement published Thursday...
The U.S. Navy has awarded electronic, computer and mechanical engineering company J.F. Taylor Inc. a contract valued at $563.2 million for the continued design, development and integration of simulation systems. The indefinite-delivery/indefinite-quantity contract supports fleet operator training, as well as research, development, test, evaluation a...
RTX’s (NYSE: RTX) Pratt & Whitney subsidiary has received two contract modifications worth $517.1 million combined from the U.S. Navy to deliver spares for the production of the F135 propulsion system and provide continued technical engineering support for the F-35 Lightning II Propulsion System Block Four Flight Test Program. The Department o...
Cherokee Federal has purchased a majority stake in Advanced Technology Applications through the newly established growth capital firm Sovereign Capital as part of efforts to expand its presence in the federal contracting space. ATA is a small data services company that has provided technical platforms across the areas of data strategy, data engineer...
Houston-based KBR (NYSE: KBR) has finalized its acquisition of LinQuest in a transaction that expands its engineering, data analytics and digital integration capabilities in support of national security space missions. KBR said Tuesday it will start integrating the acquired company into its government solutions segment and defense and intelligence b...
NASA is seeking industry comments on its draft Environmental Test and Integration Services IV contract request for proposals. According to a notice published on SAM.gov, the space agency plans to compete the potential five-year, indefinite-delivery/indefinite-quantity contract to support the space agency’s Applied Engineering and Technology Di...
