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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
Work included zero-trust architecture to improve security and low-earth orbit satellites to increase connectivity in and from remote locations.
Korea-headquartered Hanwha established this subsidiary in 2017 to pursue opportunities in shipbuilding.
Proper coordination among HR, legal and BD is needed to understand post-employment restrictions and possible conflicts before they derail your contracting opportunities, write Scott Flesch and Joshau Drew of the law firm Miller & Chevalier.
Beth Cappello, a former Homeland Security Department deputy chief information officer, told our Power Breakfast audience who they should really be talking to and how to craft proposals that stand out.
The department wants to get a better handle on how it manages 757 applications and systems across two cloud environments.
In talking with Wall Street, CEO John Wasson describes technology modernization efforts as continuing and programmatic work as more impacted at its largest federal client.
TRANSCOM seeks a mature, cloud-enabled solution to replace legacy tools and support the military's all-domain command strategy known as CJADC2.
Carten Cordell and Edward Graham, respectively managing editors at WT’s partner publications Government Executive and NextgovFCW, join Nick and Ross to go over all things shutdown in this episode’s first part. Then for part two, Nick and Ross unpack SAIC’s CEO transition against the backdrop of today’s market landscape.
With only 366 certficiations completed and mandatory rollout beginning in less than two weeks, defense firms need smarter tools to meet cybersecurity requirements without breaking the bank, writes Steven Hess, CEO, Deep Fathom.
The Trump 2.0 cyber strategy is in development, National Cyber Director Sean Cairncross said, though he did not elaborate on when it would be released.
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