BAE Systems has secured a U.S. Navy contract worth $122 million to perform systems engineering and integration support services and conduct special studies aimed at enhancing the service branch’s nuclear deterrent capabilities. The Department of Defense said Wednesday the cost-plus-fixed-fee contract covers systems engineering and integra...
Teledyne Technologies has agreed to buy select aerospace and defense electronics businesses of Excelitas Technologies for approximately $710 million in cash as part of efforts to expand its tech offerings. According to a joint release published Wednesday, both parties expect the transaction to close in early 2025, subject to regulatory approvals and...
The State Department has approved the Czech Republic’s request to purchase satellite communication systems and related support for approximately $184 million. The Defense Security Cooperation Agency said Tuesday Congress has been notified of the potential foreign military sale, which will include the transfer of communications equipment from U...
Sandra Stuessel was appointed vice president of integrated supply chain at Veritas Capital portfolio company Frontgrade Technologies, according to the executive’s announcement via LinkedIn on Tuesday. Stuessel brings to the Colorado-based provider of analog and radiation hardened technologies for aerospace and defense customers over two decade...
Private equity firm Branford Castle Partners has acquired Hoffman Engineering from Trident Maritime Systems, a portfolio company of J.F. Lehman & Co.’s investment affiliates for an undisclosed sum. “This decision to divest Hoffman enables Trident to streamline our solution offerings and focus on driving continued growth in our core maritime ...
BWX Technologies has agreed to acquire L3Harris Technologies’ Aerojet Ordnance Tennessee business for $100 million. The Virginia-headquartered nuclear and metal components provider said Monday the purchase of AOT will strengthen its capacity to develop products for commercial, military and space customers. The transaction is expected to close befo...
Kellen Schollaert, director of strategy and enablement at Penlink, said artificial intelligence-powered open source intelligence, or OSINT, tools could help analysts at government agencies quickly detect emerging threats and rapidly glean insights from vast amounts of data to speed up decision-making and support missions. In an article published on ...
Among other responsibilities, U.S. Customs and Border Protection is charged with maintaining and strengthening physical borders with Mexico (a total of 1,900 miles) and Canada (more than 5,000 miles), as well as 95,000 miles of shore. CBP team members conduct activities across a spectrum of inspection, intelligence analysis, examination and law...
V2X presented its third quarter 2024 results that showed strong program performance and business momentum. Jeremy Wensinger, president and CEO of V2X, said in a press release Monday, “V2X reported strong third-quarter results with record revenue, net income, and adjusted EBITDA, driven by our continued alignment to well-funded critical missions an...
Todd Akers, a sales executive with more than 25 years of experience in driving growth and building teams in the public sector, was named senior vice president of federal sales at Primer.ai. The artificial intelligence company said in a LinkedIn post Monday Akers previously led transformative initiatives and increased revenue at Appian. Akers most re...
