Arlington Capital Partners has launched a defense electronics company after the Washington, D.C.-based private equity firm completed its purchase of two divisions that were formerly part of L3Harris Technologies‘ (NYSE: LHX) aviation systems segment. Arlington acquired the Electron Devices and Narda Microwave-West businesses to create Stellar ...
L3Harris Technologies (NYSE: LHX), Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace business and Thales have been awarded $345.2 million in delivery orders to commence the full-rate production of tactical radio systems for the U.S. Army. The Army said Friday the orders fall under a pair of multiple-award indefinite-delivery/indefinite-quan...
L3Harris Technologies (NYSE: LHX) will deliver night vision goggles to the U.S. Army under a $100 million order. The company said Thursday its Enhanced Night Vision Goggle â Binocular system is designed to improve situational awareness and enhance soldier protection and mobility by directly delivering battlefield imagery and data to warfighters. L...
Vertex Aerospace has agreed to acquire Raytheon Technologiesâ (NYSE: RTX) defense training and mission critical solutions business for an undisclosed sum to expand its product and service offerings for government, defense and commercial clients. Ed Boyington, president and CEO of Vertex, said in a statement published Friday he looks forward to wel...
Communications & Power Industries has agreed to acquire L3Harris Technologiesâ (NYSE: LHX) ESSCO business for an undisclosed sum as part of efforts to expand CPI’s portfolio of ground-based radomes for defense and government agency clients. Massachusetts-based ESSCO manufactures ground-based metal space frame radomes supporting air defen...
The U.S. Air Force has named 55 awardees on a potential 11-year, $46 billion contract to perform work related to model-based systems engineering, weapons and enterprise analytics, digital engineering, Agile processes and open systems architecture. The Air Force Life Cycle Management Center at Eglin Air Force Base in Florida received 58 offers for th...
L3Harris Technologies (NYSE: LHX) has received a $393 million contract to install the second and third increments of underwater training infrastructure for the U.S. Navy. The company said Wednesday it will modernize and replace systems at three Undersea Warfare Training Range sites near Southern California, the Bahamas and Hawaii. For the USWT...
Arlington Capital Partners, a Washington, D.C.-based private equity firm, has agreed to acquire the Electron Devices and Narda Microwave-West divisions of L3Harris Technologies (NYSE: LHX) for an undisclosed sum. The divisions will eventually form an independent company called Stellant Systems upon the transactionâs closing, which is expected to o...
CAE (NYSE: CAE) has closed its $1.05 billion acquisition of the military training business from L3Harris Technologies (NYSE: LHX) while Renk AG completed its $400 million cash purchase of L3Harris’ combat propulsion systems unit and related assets. The two deals were first announced in March and completed Friday, three days after Christopher K...
Christopher Kubasik, most recently vice chair, president and chief operating officer of L3Harris Technologies (NYSE: LHX) and a three-time Wash100 Award winner, has succeeded William Brown as CEO of the Melbourne, Florida-based aerospace and defense contractor as part of the L3 Technologies-Harris merger agreement announced in October 2018. William ...
