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.
Read More »
Michael Shields, a retired U.S. Army lieutenant general, has joined CACI International (NYSE: CACI) as senior vice president of advanced technology for mission adoption. He will oversee platforms development and strategic planning efforts to integrate technologies in sensors, artificial intelligence, autonomous systems and other areas with warfighting requirements, the company said …
Read More »
FLIR Systems (Nasdaq: FLIR) has acquired Waterloo, Canada-based unmanned aerial systems developer Aeryon Labs for approximately $200M in a move to expand UAS offerings for military customers. Aeryon will operate under the unmanned systems and integrated solutions division of FLIR’s government and defense business, the Wilsonville, Ore.-based sensor manufacturer said Monday. James Cannon, …
Read More »
Parsons has purchased Chantilly, Va.-based technology services contractor OGSystems for an undisclosed sum in a move to deepen expertise in geospatial intelligence and big data analytics. Chuck Harrington, chairman and CEO of Parsons, said in a statement released Monday the company’s strategy is focused on disruptive technology platforms built to …
Read More »
TYSONS CORNER, VA, October 29, 2018 — Maxar Technologies‘ (NYSE: MAXR) Radiant Solutions and SSL subsidiaries will collaborate to build a prototype space-based missile detection layer for the Missile Defense Agency, ExecutiveBiz reported Oct. 3. SSL will lead the team, which also includes Systems Engineering Associates, as it works to develop …
Read More »
TYSONS CORNER, VA, August 23, 2018 — Raytheon‘s (NYSE: RTN) space and airborne systems business manufactures surveillance sensors for aircraft, ships and spacecraft at a facility in McKinney, Texas, as it works to support Defense Department requirements, the Dallas Business Journal reported Tuesday. ExecutiveBiz reported Wednesday that the company is looking …
Read More »
TYSONS CORNER, VA, June 15, 2018 — Lockheed Martin (NYSE: LMT) has selected Raytheon (NYSE: RTN) to supply the updated Distributed Aperture System sensor technology for future F-35 fighter aircraft, ExecutiveBiz reported Thursday. DAS, which utilizes infrared cameras that work to provide imagery to pilots for increased battlespace situational awareness, will be …
Read More »
Nelson Pedreiro, formerly chief engineer for strategic and missile defense systems at Lockheed Martin‘s (NYSE: LMT) space systems business, has been named head of the company’s Palo Alto, California-based advanced technology center, SpaceNews reported Wednesday. He will succeed Scott Fouse in the role and lead approximately 600 technicians and scientists …
Read More » TYSONS CORNER, VA, Feb. 15, 2018 — Raytheon (NYSE: RTN) will build additional software and hardware for the sensor systems on the U.S. Navy‘s F/A-18E/F and EA-18G aircraft under an $8.8 million contract modification, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the Naval Air Warfare Center Weapons Division in China Lake, California, serves as the contracting …
Read More »
TYSONS CORNER, VA, Feb. 8, 2018 — L3 Technologies‘ (NYSE: LLL) Wescam business has updated its MX Series electro-optical and infrared sensor system product line with new imaging and processing technologies, ExecutiveBiz reported Wednesday. The subsidiary said Tuesday the updates include the Wescam Advanced Video Engine that works to enhance image processing and support the Automated Video …
Read More »
GovCon Wire Your Direct Source for Government Contracting News 