Kratos Defense & Security Solutions (Nasdaq: KTOS) has acquired software engineering company 5-D Systems for an undisclosed sum as part of efforts to expand capabilities in unmanned aerial systems and establish a technology center in the Austin area. 5-D will operate as a systems engineering hub within the unmanned systems division of Kratos.Read More »
The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a $158.4M undefinitized contract to help sustain RQ-4 Global Hawk unmanned aircraft systems for the South Korean government.
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The U.S. Army’s aviation and missile technology consortium has awarded $29.8M in other transaction agreements to 10 projects with the goal of building a family of systems designed to provide mission effects for the branch's Future Vertical Lift helicopter program.Read More »