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 implications of GSA's new IT security guidance are significant and is a different approach to protecting controlled unclassified information than DOD's CMMC standard, writes Summit7's Jacob Horne.
TurboVets’ brief protest questioned whether the Army properly justified awarding the Pentagon-wide contract without holding a competition.
Also included in this listing: one of the market's most active investors makes a series of promotions in its senior ranks.
Axiom and Stoke lay out what they want to do next with their newfound investment, while Perseus Materials gets the backing of Lockheed Martin's venture arm.
Adm. Daryl Caudle issued a direct call for transparent contracting with the maritime industrial base.
The former Science Applications International Corp. executive brings experience in large contracts and developing talent.
In talking with investors, SAIC’s chief financial officer Prabu Natarajan lays out how the company sees those opportunities and gives an update on its CEO search.
OST Inc. will now perform work through 2027 as the Army revises its acquisition strategy to meet the Trump administration's commercial contracting goals.
Industry execs say service leaders are showing real interest—even if they’re not yet buying in bulk.
This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud infrastructure.
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