According to sources familiar with the matter at hand, Carlyle Group Inc is in advanced talks to acquire U.S. defense contractor ManTech International Corp in a deal that values it at around $4 billion. Ever since reports of ManTech’s co-founder George Pederson… Read More ›
Following detection of fraudulent transactions, Toshiba has filed a lawsuit against a former employee at its U.S. unit. On Thursday. Toshiba Corp said it has filed a lawsuit against a former employee of a U.S. unit for conspiring with a… Read More ›
The net run-rate cost synergies in CACI’s offer beats that CRSA’s deal with General Dynamics. In a move aimed at disrupting General Dynamics Corp acquisition of CSRA Inc, a large U.S. defense contractor, its peer CACI International Inc stated it… Read More ›
The deal will see Kongsberg Gruppen supply military vehicles, weapons technology and help in the digitization of 490 armored vehicles. On Tuesday, Kongsberg Gruppen, a Norwegian defense contractor disclosed it has signed a letter of intent to supply equipment for… Read More ›
With buyers wanting to have a piece of the “Australian dream” the housing market is seeing a bull run. Demand for new homes in Sydney’s suburbs, with buyers seeking the “Australian dream” of owning a house with a yard, is… Read More ›
The whistle blower had amended his allegations 5 times. He wanted to amend it once more. The judge dismissed the allegations saying they were did not lack substance and were too generalistic. In a major development, defence giant Raytheon Co… Read More ›
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