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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....

Boeing (NYSE: BA) and Embraer have received unconditional approval for their strategic partnership from Brazil’s regulatory agency. The European Commission continues to review the partnership, which has secured unconditional clearances in the U.S., Japan, Montenegro, Kenya, Colombia, China and South Africa....

ASGN (NYSE: ASGN) has closed its acquisition of Blackstone Technology Group’s federal division for $85M in cash. ASGN said Monday it will integrate Arlington, Va.-based Blackstone Federal into ECS’ enterprise solutions group focused on providing digital platforms to federal civilian clients....

A joint venture between Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) has secured a potential five-year, $235.8M foreign military sales contract from the U.S. Army to support production of helicopter fire control radars for 12 countries....