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
The Army’s response to a protest decision bars others from revising their proposals, which could expose the professional services contract to claims of unequal treatment.
The Defense Health Agency and Leidos iron out the terms of how they will work together on shifting DHA away from the current lead integrator model.
Prabu Natarajan will first hand over the chief financial officer position on Dec. 7, then focus on leading both Science Applications International Corp.'s civilian group and a company-wide transformation project.
Randy Resnick has spent nearly 40 years in federal service and is now headed to the private sector as a CTO at IGEL.
Fidelity Technology Services gets private equity backing, GCubed Enterprises buys a company and Kapta Space closes a financing round.
Immigration and Customs Enforcement wants to move toward a model that emphasizes continuous assembly and integration of technologies.
The ability to scale staff and other resources on an as-needed basis will be paramount for this effort ahead of the 2030 tally.
John Song and Jean Stack join the investment bank as senior managing directors after leaving Baird, a competing bank.
Tim Hartman will transition into a senior advisory role with the company.
John Caucis and James Wichert, public sector market analysts at Technology Business Research, overview an environment for contractors that looks replete with opportunity in defense and a civilian market “slowly inching towards recovery.”
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