Defense contractor Anduril, which has about 400 employees, is expecting to nearly double by the end of the year and is preparing to move to a new headquarters.
Friday, April 26, 2024
Friday, April 26, 2024
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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.
Defense contractor Anduril, which has about 400 employees, is expecting to nearly double by the end of the year and is preparing to move to a new headquarters.
Lockheed Martin said this morning it has received a request for additional information from the Federal Trade Commission as part of the regulatory review process for the company's planned acquisition of Aerojet Rocketdyne.
Aerojet Rocketdyne said today sales in its most recent quarter totaled $557 million, up 6% from the same three-month period a year earlier.
ManTech International said this week sales in its most recent quarter totaled $639 million, up 6% from the same three-month period a year earlier.
Science Applications International Corp. said today it has named John Bonsell senior vice president of government affairs, effective immediately.
The chief executive of Raytheon Technologies said today the company is not pleased with Lockheed Martin's planned acquisition of Aerojet Rocketdyne and will share those worries with the Justice Department and the Pentagon. (UPDATED)
Applied Insight is set to announce today it has acquired Bridges, which specializes in cybersecurity, network engineering and big data analytics for intelligence agencies.
Serco said today it has agreed to acquire Whitney, Bradley & Brown, known as WBB, from an affiliate of private-equity firm H.I.G. Capital for $295 million.
Peraton earlier this month rolled out a new structure of four sectors -- but that organization will only be temporary as the company prepares to complete another significant acquisition.
This Friday INSIDER Daily Digest leads off with an exclusive interview with the new chairman of the Senate Armed Services Committee. We also have news on Army unmanned aircraft, COVID-19 affecting F-16 sales overseas, the Biden administration’s China Task Force and more.
Huntington Ingalls Industries said today sales in its most recent quarter totaled $2.8 billion, up 14% from the same three-month period a year earlier.
The chief executive of Northrop Grumman said this week the defense industry is working to provide recommendations to the new administration about how to improve the resiliency of the industrial base.
As the State Department pauses multiple foreign arms deals, defense contracting executives say they expect some potential delays, but remain optimistic international sales will mostly move forward.
Cubic said today it has agreed to be acquired by affiliates of private-equity firms Veritas Capital and Evergreen Coast Capital for $70 per share in cash in a deal worth about $2.8 billion.
George Mason University's Center for Government Contracting announced earlier this year it has undertaken a new research project to produce an acquisition playbook identifying best practices.
Perspecta reported earlier this month the ongoing COVID-19 pandemic cut its quarterly sales by about $19 million.
Private-equity firm PMC Capital Partners said last week it has purchased UniversalPegasus International from Huntington Ingalls Industries.
Science Applications International Corp. earlier this week named Josh Jackson senior vice president for the naval business unit, making him responsible for a roughly $1 billion portfolio.
Peraton said today it has reorganized its business units after acquiring Northrop Grumman's IT services business.
Perspecta said Tuesday that Mac Curtis, the company's chief executive, intends to retire once Perspecta is acquired by Peraton and its private-equity owner Veritas Capital.