Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
Senior Pentagon acquisition officials are scheduled to meet March 31 with defense industry associations to discuss a range of issues, according to a Defense Department spokeswoman.
ST Engineering said it has increased its proposal to acquire Cubic to $78 per share in cash, up from $76 per share last week.
Science Applications International Corp. reported the ongoing COVID-19 pandemic reduced sales in its most recent fiscal year by about $250 million.
Leonardo said it will postpone the initial public offering of shares of U.S. subsidiary DRS.
Redwire, a company formed by private-equity firm AE Industrial Partners last year, is now set to become a publicly traded company.
Ondas Networks has formed a strategic partnership with Rogue Industries, which specializes in getting emerging technologies to government, as it pursues more work with the Defense Department.
Exiger, a compliance and risk management company, said it has named Ellen Lord strategic senior adviser and chair of its advisory board.
Voyager Space Holdings said today it has appointed former Pentagon acquisition chief Ellen Lord to its board.
Senior Army leaders discuss the service's role in the Indo-Pacific region this week.
The Pentagon's Overseas Contingency Operations account, derided by critics for years as a "slush fund," has become the subject of renewed scrutiny on Capitol Hill and could be headed toward a reckoning this week when the White House proposes President Biden's first defense budget.
The Pentagon's joint development environment for artificial intelligence applications is up and running, according to the leader of the Joint Artificial Intelligence Center, who says the platform will be key to sharing data and connecting systems across the military services.