AeroVironment (Nasdaq: AVAV) has agreed to acquire Germany-based ground robotics vehicle developer Telerob for approximately $45.4M in cash as part of efforts to expand its global footprint and portfolio of multidomain unmanned platforms. The transaction includes payment of Telerob’s debt valued at approximately $9.4M upon the deal’s closing and...
The U.S. Air Force and the Defense Innovation Unit have selected Google (Nasdaq: GOOGL) to provide a cloud environment to host the service branch’s immersive training devices for remotely deployed personnel....
The House on Tuesday voted 335-78 to pass a bill that would authorize $740.5B in fiscal year 2021 funds for the Department of Defense, The Wall Street Journal reported. The FY 2021 National Defense Authorization Act, named after Rep. Mac Thornberry, R-Texas, includes hazard pay for warfighters and directs the administration to send a comprehensive a...
AT&T (NYSE: T) has won a potential $92M contract to help the FBI access additional mobility services and increase the bureau's utilization of a nationwide broadband network the company built with the First Responder Network Authority. Stacy Schwartz, vice president of AT&T's FirstNet program, said the award serves as a testament to...
The Defense Information Systems Agency has issued the final request for proposals for the potential 10-year, $11.65B Defense Enclave Services information technology contract. Responses to the final solicitation are due Feb. 8 and DISA expects to award the single-award, indefinite-delivery/indefinite-quantity contract in the first quarter of FY 2022...
Mercury Systems (Nasdaq: MRCY) has agreed to purchase Torrance, California-based defense systems integrator Physical Optics Corp. for approximately $310M in cash to expand the former's global avionics and missions systems portfolio. Mark Aslett, president and CEO of Mercury, said the deal would expand platform and mission management content on ...
Cobham Mission Systems has been awarded a contract from the U.S. Naval Air Systems Command (NAVAIR) to equip new F/A-18 combat jets with GGU-12 oxygen concentrators and CRU-99 oxygen monitors. “Cobham appreciates this continued show of confidence in the performance of our oxygen life support equipment,” said Jason Apelquist, senior vice presiden...
Boeing (NYSE: BA), General Atomics' aeronautical systems business and Kratos Defense & Security Solutions (Nasdaq: KTOS) have received separate two-year contracts worth $77.8M combined to develop prototype unmanned air vehicles for the U.S. Air Force's manned-unmanned teaming experimentation initiative. All three companies will aim to ...
President-elect Joe Biden plans to nominate Lloyd Austin, a retired U.S. Army general, to serve as secretary of the Department of Defense, Politico reported Monday. Austin would be the first African American to lead DoD if confirmed by the Senate and sources said his selection for the top civilian post at the Pentagon could be announced as soon as T...
Five companies will compete for automated litigation support orders under a follow-on Department of Justice contract vehicle worth potentially $1.5B over six and a half years. DOJ selected CACI International (NYSE: CACI), Deloitte, Leidos (NYSE: LDOS) and PAE (Nasdaq: PAE) as initial awardees on the Mega 5 ALS contract in late August and the latest ...
