BAE Systems last month sold off its commercial cybersecurity business to a private investor group.
Thursday, April 25, 2024
Thursday, April 25, 2024
Marjorie Censer was Inside Defense's editor until July 2021. She previously worked at the Washington Post and its local business publication Capital Business, covering defense industry reshaping, the increased scrutiny of contractors following the Edward Snowden case and the challenges of canceling military programs. From 2007 to 2010, she was managing editor of Inside the Army. She also previously worked as defense editor at POLITICO and as a staff writer at the Carroll County Times and the Princeton Packet. A Fairfax native, she graduated from Princeton University.
BAE Systems last month sold off its commercial cybersecurity business to a private investor group.
AeroVironment said today it has agreed to acquire German company Telerob Gesellschaft für Fernhantierungstechnik, which specializes in ground robotics, for $45.4 million in cash and will pay off $9.4 million of Telerob's debt.
Private-equity firm Bluestone Investment Partners is set to announce today it has named contracting veteran Dennis Kelly to serve on its board of advisers and as executive chairman of its portfolio company Intrepid Solutions and Services.
Northrop Grumman said today it has agreed to sell its federal IT and mission support services business to private equity-firm Veritas Capital, which owns Peraton, for $3.4 billion in cash.
In a report issued last month, the Defense Business Board recommended the presidential transition team have at least 13 Defense Department appointees confirmed to begin work immediately after the Jan. 20 inauguration.
Mercury Systems said today it has agreed to pay $310 million for Physical Optics, which designs and integrates avionics and mission subsystems for defense.
Science Applications International Corp. said this week sales in its most recent quarter totaled $1.8 billion, up almost 12% from the same three-month period a year earlier.
The chief financial officer of Huntington Ingalls said today that while the company expects to be reimbursed for COVID-19 costs like testing and facility cleaning, it does not expect to "be made whole" when it comes to pandemic-related program delays.
NuWave Solutions said today it has acquired BigBear, which specializes in cloud-based big data analytics for national security agencies.
Blue Origin, the space company founded by Jeff Bezos, this week said it has formed a board of advisers to "provide strategic counsel on the company's mission to radically reduce the cost of access to space and the utilization of in-space resources."
FLIR Systems said today it has acquired Altavian, which builds small unmanned aerial systems for defense and public safety customers.
Noblis said today it has named Glenn Hickok vice president of its defense mission area.
The training industry was already responding to rapid technological change before the COVID-19 pandemic struck, but the ongoing crisis that has kept many working from home is increasing the focus, according to a Science Applications International Corp. executive.
Jacobs said today it will form a strategic partnership with PA Consulting, through which it will acquire a 65% stake in PA.
Jacobs said last week it has named former Army Chief Information Officer retired Lt. Gen. Bruce Crawford senior vice president of strategic development in its critical mission solutions business.
Northrop Grumman said today it has named Scott Stapp chief technology officer.
The chief executive of PAE says President-elect Biden's promise to reengage internationally could lead to growth in the company's State Department work.
Jacobs said today it has acquired the Buffalo Group, a Reston, VA-based company that specializes in cyber and intelligence solutions.
TransDigm Group said today it has agreed to acquire Cobham Aero Connectivity for about $965 million.
Kratos Defense & Security Solutions said earlier this month it has acquired systems and software engineering company 5-D Systems.