Private equity firm Cerberus Capital Management is considering putting DynCorp International up for sale in a deal that could be worth at least $1.3 billion, Reuters reported Thursday. Sources told Reuters that Cerberus has tapped two investment banks to help seek offers from potential acquirers of the defense contractor. The report said the potenti...
DPW Holdings subsidiary Coolisys Technologies aims to expand its technology development and manufacturing capabilities with the acquisition of electronic systems provider Enertec Systems for approximately $9 million. DPW said Wednesday its Fremont, Calif.-based subsidiary will add more than 70 new workers, most of whom will be engineers wi...
Five companies have been awarded spots to compete for task orders under a potential five-year, $200 million contract supporting the U.S. Army‘s Environmental Remediation Services and Military Munitions Response Program. The selected firms are Cape Environmental Management, EA Engineering, Science and Technology, HydroG...
Tim Bush, formerly senior corporate counsel at Crowley Maritime, has been promoted to vice president and deputy general counsel at the Jacksonville, Fla.-based maritime, transportation and logistics services provider. Bush will directly report to Michael Roberts, senior VP and general counsel, and help execute the firm™s growth efforts in suppo...
Lockheed Martin (NYSE: LMT) will help in the post-production efforts of the Patriot Advanced Capability-3 missile support center under a $282 million contract modification from the U.S. Army. Work will run through May 19, 2019, and will support local clients and foreign military sales customers Germany, Japan, Kuwait, Netherlands, Qatar, S...
Defense Systems and Solutions has received a potential $2.56 billion contract to aid a rapid response and integrated hardware facility that supports the U.S. Army Aviation and Missile Command and the Defense Department. The small business will provide technical support services through May 21, 2027, for the Prototype Integration Facility of the Avia...
Oshkosh‘s (NYSE: OSK) defense business has received two U.S. Army contract modifications with a combined $235.2 million value for the delivery of tactical vehicle upgrades. The company will provide recapitalized Heavy Expanded Mobility Tactical Trucks, palletized load system trucks, PLS trailers and updates for container transfer on ...
The U.S. Army has selected four companies for positions on a potential $93.4 million contract for research, development, test and evaluation services focused on aerial target systems over a five-year period. The Defense Department said Tuesday Griffon Aerospace, Kord Technologies, Kratos Defense and Security Solutions (Nasdaq: KTOS) and&nb...
Total Technology, Pioneering Decisive Solutions and Logisys Technical Services have landed spots to compete for task orders under a potential five-year, $125 million U.S. Army contract for test and support services. Task orders will provide for testing of automated test systems, as well as diagnostics and net-centric support services,...
The U.S. Army has tapped economically disadvantaged woman-owned small business ProjectXYZ to provide programmatic support services under a potential $75.9 million contract. The company will support foreign military sales, security assistance and other international programs of the service branch, the Defense Department said Monday. Work wi...
