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Latest Federal & Government Contracting Companies' News Coverage
QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques on a cash-free, debt-free basis for $105M to be paid in cash on completion. The transaction will more than double the size of QinetiQ’s U.S. operations.
Three companies have won positions on a potential five-year, $49 million contract to build prototype sensors for the U.S. Navy to use during force-protection, intelligence, reconnaissance and surveillance operations, Military & Aerospace Electronics reported Monday. John Keller writes Northrop Grumman, Consolidated Resource Imaging and Manufacturing Techniques will compete for task orders to develop and deliver sensor systems for different clients. The contract has a […] More
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