BAE Systems has agreed to acquire Ball’s (NYSE: BALL) aerospace business for approximately $5.55 billion as part of efforts to accelerate the British defense contractor’s space market strategy and expand its technology offerings for the U.S. government. “This marquee acquisition would advance our company’s position in some of the fastest...
BAE Systems is in discussions with Westminster, Colorado-based Ball Corp. (NYSE: BALL) to purchase the latter’s aerospace division in a potential deal worth more than $5 billion. If an agreement is reached, the British defense contractor would take over the business that manufactures instruments and sensors for military, aerospace and national...
GovCon industry veteran Bill Ballhaus has assumed the position of president and CEO of Mercury Systems (Nasdaq: MRCY). He took on the roles on an interim basis on June 24 at the Andover, Massachusetts-based technology company, Mercury said Tuesday. “After conducting a review of potential candidates with the assistance of an executive search firm, ...
Kurt Bender, a 15-year information technology veteran in the aerospace and defense industries, has joined BWX Technologies (NYSE: BWXT) as director of IT. Bender announced his new role on a LinkedIn post Sunday and said he looks forward to driving digital transformation in the government and commercial sectors. He most recently served as senior dire...
Gary Sauer, a former program manager at the Defense Advanced Research Projects Agency, has been named vice president of business development for advanced research and development at Eqlipse Technologies. He will lead the expansion and transition of Eqlipse’s R&D capabilities to operational programs that support defense and intelligence com...
American Systems President and CEO Peter Smith is set to retire on Sept. 5 after a 43-year career with the company and will be succeeded by John Steckel, vice president of corporate development. Smith, a three-time Wash100 winner, will continue to be part of American Systems’ board of directors after he steps down from the...
Rahul Thakkar, a former Amazon Web Services managing director, has been named president of BAE Systems‘ Bohemia Interactive Simulations subsidiary. Thakkar will oversee the day-to-day operations of the military training and simulation software developer and explore potential market opportunities for the business, BISim said Tuesday. He previou...
Helen Soln, former vice president of proposal operations at Leidos (NYSE: LDOS), has taken on the same role at cyber and signals intelligence engineering company Eqlipse Technologies. She will build, manage and expand Eqlipse’s proposal development center and help identify new business opportunities in the defense and intelligence sectors, the...
Private equity firms Blackstone (NYSE: BX) and Veritas Capital Fund Management and major defense contractors such as General Dynamics (NYSE: GD), BAE Systems and Textron (NYSE: TXT) have expressed interest in acquiring Ball Corp.’s (NYSE: BALL) aerospace business, which could be valued at more than $5 billion, Reuters reported Friday. The report s...
The Department of Defense announced a $20 billion increase to the potential value of a contract vehicle for technology research and development services to the Department of Defense Information Analysis Center. DOD on Wednesday listed the modification awardees under its IAC Multiple-Award Contract, saying the ceiling boost brings the program’s...
