Tuesday, May 14, 2024
Tuesday, May 14, 2024
Some big defense industry M&A news leads off this Monday INSIDER Daily Digest.
We start off with SAIC announcing a multibillion-dollar acquisition of Engility:
SAIC to acquire Engility in $2.5 billion deal
Science Applications International Corp. said today it has agreed to acquire Engility in an all-stock deal worth $2.5 billion to create a $6.5 billion government services contractor.
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The State Department, Pentagon and office of the director of national intelligence will soon be submitting a briefing to lawmakers on the war in Yemen:
White House taps State, DOD, DNI to provide briefing on war in Yemen
President Trump today signed out a directive directing the State Department, the Pentagon and the director of national intelligence to develop a congressionally mandated briefing on the war in Yemen.
Despite delays on other platforms, it looks like the Navy's Super Hornet attack aircraft will be getting Small Diameter Bombs by FY-20:
Navy on track to integrate SDB II with Super Hornet by 2020
The Navy is on track to field the Small Diameter Bomb Increment II on the F/A-18E/F Super Hornet by its goal of fiscal year 2020, according to a spokesman for Naval Air Systems Command.
Our colleagues at Inside Cybersecurity nabbed an exclusive interview with a senior cybersecurity official at the Department of Homeland Security:
NCCIC chief: Pentagon is assisting DHS with cyber incidents amid election security concerns
The Defense Department is providing backup resources to the Department of Homeland Security's center for tracking and responding to cyber threats under a new formal arrangement that will be set up within the next week, according to the director of the DHS' National Cybersecurity and Communications Integration Center.