Oshkosh (NYSE: OSK) has closed its acquisition of engineering company Pratt Miller in a debt- and cash-free transaction worth approximately $115M. “This acquisition will allow us to leverage Pratt Miller’s experience and innovation in areas such as artificial intelligence, robotics, autonomous and connected systems and electrification, positioning our Company for …
Read More »Oshkosh Strikes $115M Deal for Pratt Miller; John Pfeifer Quoted
Oshkosh (NYSE: OSK) has agreed to acquire engineering company Pratt Miller for approximately $115M in a debt- and cash-free transaction. Pratt Miller will retain its name, branding, team members and facilities and Oshkosh said Tuesday it expects the transaction to close during the first quarter of calendar year 2021, subject to customary closing conditions.
Read More »Four Companies Selected to Build Army Robotic Combat Vehicle Prototypes
The U.S. Army has chosen four companies to each submit a prototype as part of the light Robotic Combat Vehicle development competition the National Advanced Mobility Consortium manages for the service branch.
Read More »DARPA Names 8 Organizations for R&D on Ground X-Vehicle Technology
TYSONS CORNER, VA, April 28, 2016 — The Defense Advanced Research Projects Agency has picked Leidos (NYSE: LDOS), Raytheon (NYSE: RTN), Honeywell (NYSE: HON), SRI International, QinetiQ, Pratt & Miller, Carnegie Mellon University and Southwest Research Institute for its Ground X-Vehicle Technology program, ExecutiveBiz reported Wednesday. DARPA said Tuesday the selected companies will …
Read More »