Oshkosh (NYSE: OSK) has closed its acquisition of engineering company Pratt Miller in a debt- and cash-free transaction worth approximately $115M.
“This acquisition will allow us to leverage Pratt Miller’s experience and innovation in areas such as artificial intelligence, robotics, autonomous and connected systems and electrification, positioning our Company for future growth,” John Pfeifer , president and chief operating officer of Oshkosh, said in a statement published Tuesday.
Pratt Miller will retain its name, branding, facilities and team members and Oshkosh said the acquisition will provide the company immediate access to additional engineering expertise.
Oshkosh first announced the transaction in mid-December.
SpaceX has secured $75 billion through an IPO priced at $135 per share The offering values the company at approximately…
DCS has appointed Rick Castiglia as executive vice president, general counsel, chief ethics officer and corporate secretary Castiglia will bring…
Woven Solutions has expanded its cyber and engineering portfolio through the acquisition of Insignis The acquisition will provide expertise in…
KBR has secured a potential $1.12 billion NOAA contract in support of the National Mesonet Program The five-year IDIQ contract…
The Air Force has released a draft RFP for TETRAS III, the planned recompete of its test and evaluation contract…
The Navy has selected 59 companies for a potential $249.9 million IDIQ to modernize the IT systems behind its maintenance…
Joe Ayers has joined Broadcom as vice president of its VMware federal business At HPE, he ran a 200-person public…
Precise Systems has received a $116.8 million Navy contract to support electronic warfare sustainment efforts The award covers engineering, logistics…
Agile Defense has named Ben Shotzberger vice president of DHS business development Shotzberger will lead growth efforts and strategic partnerships…
GSA has issued its second Polaris SDVOSB preaward notice 17 companies have been named apparently successful offerors Additional award phases…
OPM has awarded Oracle a potential $396 million HR modernization contract The cloud-based Core HCM platform will support approximately 2…
Retired Gen. James Rainey, who led Army Futures Command until his retirement, has signed on as a strategic adviser to…
You’ve already read all related articles.
VIDEO 
