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Latest Federal & Government Contracting Companies' News Coverage
Don Claussen, an L3Harris Technologies executive, told SpaceNews in an interview published Wednesday about the company’s role in satellite communications, especially in the development of airborne, maritime and ground-based terminals and antennas for warfighters.
QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques on a cash-free, debt-free basis for $105M to be paid in cash on completion. The transaction will more than double the size of QinetiQ’s U.S. operations.
VT Group announced on Tuesday that the company has acquired DELTA Resources, Inc. to enhance its specialization in naval systems engineering and technical services for the U.S. Navy’s shipbuilding and modernization programs.
Centauri has purchased Kord Technologies in a move to expand technology offerings for the defense and intelligence sectors. Dave Dzaran, CEO of Centauri, said the company aims to help government customers address national security threats with the use of technology across the military, intelligence, space, missile and cyber domains.
BAE Systems announced on Wednesday that the company has partnered with Booz Allen Hamilton, Advanced Core Concepts, a.i. solutions, GreenDart, LinQuest, Space Vector and VETS to offer world-class support for the U.S. Air Force Space and Missile Systems Center’s Launch Enterprise – Systems and Engineering and Integration Program.
Executives from Lockheed Martin, Boeing, Northrop Grumman, Thales Alenia Space and other satellite manufacturers said software-defined or “flexible†satellites that can redesign capacity and beams have now become a requirement for operators, SpaceNews reported Wednesday.
CGI announced on Tuesday that it acquired Annams Systems Corp., doing business as Sunflower Systems, a provider of asset management software products and services. A definitive agreement was entered on Aug. 27th and the transaction was completed on Friday.
TechnoMile has formed a business organization, called GovSearch, after acquiring government contact information assets from Carroll Publishing. Sally Swan, former Carroll Publishing CEO and current general manager of GovSearch, said in a blog post published Tuesday the addition of new content into TechnoMile's GovCon Suite can help customers identify potential targets as they implement growth and compliance initiatives.
Israel-based Elbit Systems has agreed to acquire the night vision business of Harris, which now operates as L3Harris Technologies, for $350M and CEO Bezhalel Machlis said he expects to close the transaction in the early fourth quarter of 2019, Reuters reported Thursday.
Aberdeen Standard Investments’ Bonaccord Capital Partners division and global investment firm Wafra each bought passive minority interests in AE Industrial Partners, a private equity firm focused on the aerospace and defense sectors.
Nazzic Keene, CEO of Science Applications International Corp. and a 2019 Wash100 winner, told Defense News in an interview published Thursday that her top priority is continued focus on integrating Engility after SAIC closed the acquisition in January.
