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Tag Archives: Dynetics

Leidos Strikes $1.65B Cash Deal for Dynetics; Roger Krone Quoted

Leidos (NYSE: LDOS) has agreed to acquire Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash to further build up its position in the intelligence, civil and defense markets. "The addition of Dynetics will significantly increase our capabilities for rapid prototyping and agile system integration and production, enhancing our overall offerings and services to customers," said Roger Krone, chairman and CEO of Leidos and a 2019 Wash100 winner.

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General Atomics to Build Subassemblies Under Army Hypersonic Glide Body Prototyping Project; Scott Forney Quoted

A General Atomics business unit will produce mechanical, cabling and electrical systems for the U.S. Army's Common Hypersonic Glide Body program as part of a Dynetics-led industry team that won a $351.6M other transaction agreement in September.

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Lockheed To Help Update US Ballistic Missile Defense Simulation Framework Under $240M Contract

Lockheed Martin (NYSE: LMT) has secured a $240M contract to help the Missile Defense Agency update the foundational simulation approach for the country's Ballistic Missile Defense System. The company said Wednesday it will lead an industry team to sustain the readiness of BMDS to counter evolving threats as part of the Modeling and Simulation Contract–Framework and Tools.

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