Relevant news in the defense area
Merger and Acquisition deal value in the defence sector was up to $8bn in Q1 of 2024, 55% higher than Q1 2023.
Source: https://www.army-technology.com/news/in-data-defence-ma-deals-up-55-in-q1-2024/
Date: May 2, 2024
Smaller businesses are offering easier targets, jeopardizing national security and supplier capabilities.
Date: July 01, 2024
Zack Hester of Bluestone Investment Partners explains why now is the right time for small and midsized companies to get involved in mergers and acquisitions.
Date: February 06, 2024
The aerospace and defense industry is poised for robust growth, with the market size expected to increase from $985.56 billion in 2024 to $1,234.42 billion
by 2028, growing at a compound annual growth rate (CAGR) of 5.8%. This expansion is driven by a combination of technological advancements,
increasing military expenditure, and the rising demand for both commercial and military aircraft.
Source: https://octanecdn.com/cfawcom/cfawcom_591349445.pdf
Date: Summer, 2024
Amy Johnson will move over to lead the GDIT business unit a month after Amy Gilliland left suddenly.
In talking with Wall Street, Booz Allen Hamilton executives explain the different moving parts of the company's push to decouple headcount growth from sales.
Leidos used capabilities from its Kudu Dynamics acquisition to capture the Cyber Command contract that supports offensive and defensive operations.
The Maryland firm known for its Intelligent Computing Platform will offer significant discounts to government customers on software licenses and pilots through September 30, 2028.
A year after its suspension stemming from a hidden-camera video, ATI Government Solutions says the Small Business Administration still cannot point to any evidence of wrongdoing.
The Veterans Affairs Department is looking to close access and reliability gaps that get in the way of its data being reliable and authoritative.
Three additions to boards of directors also feature in this listing, as does a new state government role for a former 18F leader.
The Pentagon’s push for multiple satellite networks only pays off if troops can switch between them quickly. Open, optical ground stations built to common standards are the missing piece., writes Jean-François Morizur , CEO of Cailabs.
A Court of Federal Claims judge rules that President Trump’s consolidation order gave the Homeland Security Department a rational basis to cancel the long-stalled IT vehicle.
Nearly 700 companies face "deeper scrutiny" as the General Services Administration and Small Business Administration hunt for signs of fraud, waste and abuse.
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