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Dynetics -- now officially part of Leidos (NYSE: LDOS) -- has secured a potential five-year, $93M contract to help the U.S. Air Force update a range of equipment and systems used to simulate weapons. The company will modernize Guided Weapons Evaluation Facility systems, provide vehicle hardware for Air Force Research Laboratory's loop simula...

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...

Iridium Communications (Nasdaq: IRDM) and Amazon Web Services have officially launched a satellite-enabled cloud computing service offering for connected device users worldwide. "CloudConnect illustrates how the Iridium network can connect, monitor and control assets virtually anywhere on the planet," said Matt Desch, CEO of Iridium and ...

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....