L3Harris Technologies has agreed to sell a controlling stake in its space propulsion and power systems business to private equity firm AE Industrial Partners in a deal valued at $845 million. Under the agreement, L3Harris will retain an approximately 40 percent ownership interest in the business, while its RS-25 rocket engine program will remain out...
Arlington Capital Partners has announced the sale of Stellant Systems, a manufacturer of radio frequency and microwave amplification products, to aircraft components supplier TransDigm Group for $960 million. Arlington said Wednesday that it expects the acquisition to close in 2026. What Is Stellant Systems? Stellant Systems was established in 2021,...
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman and Rocket Lab USA to build 72 satellites for the third tranche of the Proliferated Warfighter Space Architecture’s tracking layer. Lockheed is sponsoring the Potomac Officers Club’s ...
L3Harris Technologies has secured a potential $200 million follow-on contract from Lockheed Martin to supply insensitive munition propulsion units for the Guided Multiple Launch Rocket System, expanding production capacity for one of the Pentagon’s most in-demand tactical weapons. The order will be the first processed through the newly c...
A report by financial services company Raymond James reveals that 125 mergers and acquisitions took place in the defense and government market during the third quarter of 2025, a 30 percent increase from the same period the previous year. The November report was issued by Raymond James’ defense and government team, where Sam Maness, a...
Northrop Grumman has appointed Greg Simer as chief technology officer and Chantal Sice-Sweger as vice president of supply chain for its defense sector. Simer and Sice-Sweger confirmed their new roles in separate LinkedIn posts on Monday. Greg Simer Named Chief Technology Officer Simer is a longtime Northrop Grumman leader who previously served...
The Department of State has approved a potential $705 million foreign military sale of M142 High Mobility Artillery Rocket Systems and related equipment to Australia. Lockheed Martin, L3Harris, Leonardo DRS and Oshkosh will be the principal contractors. The Potomac Officers Club will host the 2025 GovCon International and Gl...
Anduril is the ultimate disruptor in national security technologies. Competing against traditional contracting giants such as Lockheed Martin and Boeing, Anduril has found its niche in GovCon by operating more like a tech startup than a legacy defense prime, pushing software-first, rapid prototyping and iteration cycles measured in months instead ...
L3Harris Technologies has received a potential $292 million contract to continue the production of solid rocket motors for the Javelin weapon system. The company said Monday the five-year extension is the largest propulsion contract ever awarded for the Javelin program. L3Harris is the sole producer of the solid rocket motors, while the J...
Ray Lindenmayer has joined SES Space and Defense as vice president of business development. He confirmed his new position in a LinkedIn post Saturday. Lindenmayer will oversee efforts to grow the current $800-million business by delivering mission-critical technologies to government customers. Who is Ray Lindenmayer? The executive brings to the role...
