Shareholders at U.K.-based aerospace company Meggitt voted to approve the acquisition offer from Parker Hannifin (NYSE: PH), a Cleveland-based provider of motion and control technologies for the aerospace and industrial markets. The transaction is expected to be completed in the third quarter of calendar year 2022, subject to regulatory clearances, ...
BAE Systems’ U.S. arm, Science Applications International Corp. (NYSE: SAIC) and By Light Professional IT Services have formed a team to compete for an architecture, engineering and integration contract in support of the U.S. Air Force’s Mission Partner Environment modernization program. MPE is an operational framework that delivers command and ...
Arete Associates, a Northridge, California-based defense company, has secured a potential seven-year, $92.9 million indefinite-delivery/indefinite-quantity requirements contract from the U.S. Navy for engineering services in support of the initial increment of a coastal battlefield reconnaissance and analysis technology. Aside from AN/DVS-1 COBRA Bl...
Potomac Officers Club (POC) hosted its Fall 2021 5G Summit to bring together some of the most influential executives from the federal government and industry to explore the impact that 5G integration has on the private and public sectors, as well as future programs, plans and priorities as the nation aligns with emerging technology. Jay...
Brian Cummings, a retired U.S. Army major general, has been named vice president of combat vehicles, soldier systems and armaments at Alexandria, Virginia-based defense consultancy Cypress International. The 35-year military veteran brings leadership experience in Army acquisition programs for ground combat systems, soldier equipment and combat serv...
While the world continues to navigate the “new normal” brought about by the COVID-19 pandemic, another inevitable environmental concern that can cause droughts, among other challenges, is emerging. But scientists say mitigation measures can still help reduce its severity and damages. Notwithstanding the future levels of greenhouse gas em...
L3Harris Technologies (NYSE: LHX) will deliver night vision goggles to the U.S. Army under a $100 million order. The company said Thursday its Enhanced Night Vision Goggle – Binocular system is designed to improve situational awareness and enhance soldier protection and mobility by directly delivering battlefield imagery and data to warfighters. L...
KeyLogic has officially launched as a fully integrated company after years of acquisitions and strategic investments to further build up its capabilities to support clients’ missions in the energy, defense, federal civilian and commerce sectors. KeyLogic emerges from the combination of KeyLogic Systems, Information International Associates, R2...
AE Industrial Partners has acquired Jennings Aeronautics, a California-based company developing small unmanned aerial systems designed to take off vertically and run using oxide fuel. AEI said Tuesday it will merge the acquired business with UAV Factory, which the private equity firm purchased in January. John Purvis, CEO of JAI, will hold a similar...
Bill O’Neill, vice president of Cybersecurity for ThycoticCentrify, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Tuesday. The executive discussed the complementary strengths of Thycotic and Centrify and talked about other topics including the recent supply chain management disruptions, cloud transformation eff...
