Tag: Ultra Electronics

Jerry McGinn: Federal Government Should Maintain ‘Steady as She Goes’ Approach for Defense M&A PolicyGovCon Expert

Jerry McGinn: Federal Government Should Maintain ‘Steady as She Goes’ Approach for Defense M&A Policy

Jerry McGinn, executive director of the Center for Government Contracting at George Mason University’s School of Business, wrote in a
Ultra Electronics Subsidiary Wins $268M Navy Torpedo Countermeasure Tech ContractContract Awards

Ultra Electronics Subsidiary Wins $268M Navy Torpedo Countermeasure Tech Contract

An Ultra Electronics subsidiary will manufacture electro-acoustic towed torpedo countermeasure systems for the U.S. Navy under a potential six-year, $268.5M…
Baird’s Government & Defense Conference to Highlight Dynamic Market Strategy, OpportunityNews

Baird’s Government & Defense Conference to Highlight Dynamic Market Strategy, Opportunity

Baird has announced that it will host its Government & Defense Conference 2020 on December 10th to discuss market trends…
Ultra Electronics Books Potential $145M Navy Tactical Comms System Delivery ContractContract Awards

Ultra Electronics Books Potential $145M Navy Tactical Comms System Delivery Contract

The U.S. Navy has awarded defense systems manufacturer Ultra Electronics a potential 10-year, $145.4M contract to provide technology to support command,…
Ultra Electronics Unit to Develop Submarine Radar Software Mgmt Platform Under Potential $101M Navy IDIQContract Awards

Ultra Electronics Unit to Develop Submarine Radar Software Mgmt Platform Under Potential $101M Navy IDIQ

Ultra Electronics’ Ocean Systems business has won a potential $100.9M contract to design, develop, test and integrate a radar software management…
Cerberus Completes Purchase of Sparton; Dev Kapadia QuotedM&A Activity

Cerberus Completes Purchase of Sparton; Dev Kapadia Quoted

Cerberus Capital Management completed its purchase of Sparton Corp., a defense and aerospace electromechanical device manufacturer, in a cash transaction
Brian Cunningham Named Salesforce Public Sector Strategic Account ExecExecutive Moves

Brian Cunningham Named Salesforce Public Sector Strategic Account Exec

Brian Cunningham, a former senior manager at Accenture (NYSE: ACN), has joined Salesforce (NYSE: CRM) as strategic account executive of the
Navy Taps Lockheed, ERAPSCO for Potential $221M Sonobuoy Supply IDIQContract Awards

Navy Taps Lockheed, ERAPSCO for Potential $221M Sonobuoy Supply IDIQ

ERAPSCO and Lockheed Martin (NYSE: LMT) have been awarded spots on a potential $220.8M contract to supply the U.S. Navy
Cerberus to Acquire Sparton; Tarek Ajouz QuotedM&A Activity

Cerberus to Acquire Sparton; Tarek Ajouz Quoted

New York-based private equity firm Cerberus Capital Management has agreed to pay $18.50 in cash for each outstanding share of Sparton’s (NYSE:
Swami Iyer Appointed CEO of Israel Aerospace Industries’ US SubsidiaryExecutive Moves

Swami Iyer Appointed CEO of Israel Aerospace Industries’ US Subsidiary

Swami Iyer, formerly president of Ultra Electronics‘ 3eTI subsidiary, has joined Israel Aerospace Industries‘ U.S. subsidiary as CEO. The two-decade