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Teledyne Technologies (NYSE: TDY) closed its purchase of FLIR Systems, an imaging sensors developer, a day after stockholders of both companies voted in favor of the transaction during their respective meetings. FLIR will change its name to Teledyne FLIR and will operate under Teledyne’s digital imaging segment led by Edwin Roks, a Teledyne vice p...

The Committee on Foreign Investment in the U.S. has proposed a set of requirements to address the panel’s national security concerns over the ownership of Mometus as part of a review process for the proposed merger between the  space infrastructure services provider and Stable Road Acquisition Corp. (Nasdaq: SRAC). Santa Clara, California-bas...

Northrop Grumman (NYSE: NOC) will manufacture 18 more supersonic sea-skimming target vehicles for the U.S. Navy under a $55.4 million contract option. This award represents the first of three options under a potential $257 million full-rate production contract announced in December 2020 and brings the number of total GQM-163A Coyote vehicles ordered...

TYSONS CORNER, VA, May 17, 2021 — Kratos Defense and Security Solutions (Nasdaq: KTOS) will support multiple efforts focused on space domain awareness as part of several contract awards with a combined value of more than $46 million, ExecutiveBiz reported May 7. Phil Carrai, president of the space, training and cybersecurity division at Kratos, ci...

Eight companies have been awarded a potential six-year U.S. Navy contract with a combined value of $986.3 million that provides for services in support of the service branch’s equipment, habitability systems, facilities and fixtures in the East and West Coast areas and outside of the continental U.S. locations. Delphinus Engineering, East Coas...

Noble Supply and Logistics and PAE-IMK International have won separate indefinite-delivery/indefinite-quantity contracts worth $937.5 million combined to help the Defense Logistics Agency maintain, repair and operate U.S. military facilities within the Pacific region. DLA awarded $562.5 million to Noble for Zone 1 services and $375 million to PAE-IM...

President Joe Biden has signed an executive order to protect federal networks from cyber threats and improve U.S. cybersecurity in response to recent hacks involving SolarWinds, Microsoft Exchange and Colonial Pipeline. The order will eliminate barriers to sharing of threat information between the government and the private sector, modernize federal...