Harris Corp. and L3 Technologies said June 21 that their merger has the regulatory approvals needed to close following a Justice Department decision.
Peraton CEO and chairman Stu Shea said the acquisition of Solers will strengthen the company's national security space portfolio.
The NewSpace sector is expected to grow from a $350 billion global industry in 2018 to a trillion dollar one by 2040, according to a Morgan Stanley report. Given these forecasts it is not clear how the market will expand, will there be more mergers and acquisitions, initial public offerings, initial coin offerings or just companies remaining private?
With the acquisition of OGSystems, Parsons gets immediate access to highly skilled geospatial intelligence analysts.
The U.S. Federal Trade Commission has cleared Northrop Grumman's $7.8 billion purchase of defense and space contractor Orbital ATK.
Satellite manufacturer and hardware provider MDA Corp. and Earth-observation company DigitalGlobe have re-submitted paperwork to the Committee on Foreign Investment in the United States (CFIUS) after cancelling the original version.
Orbital Sciences Corp. and ATK completed their merger Feb. 9, forming a $4.5 billion aerospace and defense company employing 12,500 people across 17 states.
Harris Corp. is buying Exelis, Inc. in a cash and stock deal valued at approximately $4.75 billion. Both companies have broad defense electronics portfolios, with a significant amount of space-related work.
ATK on Nov. 17 said its special due-diligence assessment of Orbital Sciences following the Oct. 28 failure of Orbital’s Antares rocket has concluded that the merger of ATK’s Aerospace and Defense group with Orbital remained a good idea.
Thompson says Orbital will bring more satellite and rocket work in-house after union.
Aerojet Rocketdyne could lay off as many as 225 employees by March as it streamlines operations.