Tag Archives: Manufacturing Techniques

QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQ’s U.S. operations.  “The acquisition of MTEQ is a …

QinetiQ has agreed to buy Lorton, Va.-based sensor provider Manufacturing Techniques for approximately $105M in a push to establish a global defense and security company. The deal, which is subject to legal and regulatory approvals, involves an additional $20M in cash and stock payments contingent on financial performance over a three-year period, QinetiQ said Wednesday.

The U.S. Army has revealed a new roster of industry partners under a potential $37.4B contract that covers knowledge-based professional engineering support services to command, control, communications, computers, intelligence, surveillance and reconnaissance programs. The Army Contracting Command received 388 bids for the Responsive Strategic Sourcing for Service procurement vehicle via …

The U.S. Army has chosen 10 firms to compete for rapid prototyping orders under a potential three-year, $192 million contract. The Defense Department said Monday the Army Contracting Command received 13 bids for the cost-plus-fixed-fee contract via the internet and will determine locations and funds upon issuance of each order. DoD expects contractors …

TYSONS CORNER, VA, October 20,  2015 — The Naval Surface Warfare Center Crane Division has asked Consolidated Resource Imaging, Manufacturing Techniques and Northrop Grumman (NYSE: NOC) Xetron to develop prototype advanced surveillance sensors under a $49 million contract, ExecutiveBiz reported Monday. The five-year award has the potential to extend into …

Consolidated Resource Imaging LLC,  Manufacturing Techniques Inc. and Northrop Grumman (NYSE: NOC) have each received a $49 million contract combined to build sensor prototypes for the U.S. Navy. The companies will produce sensor systems for use in the Navy’s intelligence, surveillance, reconnaissance and force protection operations, the Defense Department said Thursday. Performance …