March 11, 2019

M&A

Greenbriar Equity Group, L.P. Portfolio Company STS Aviation Group Acquires Triumph Aviation Services – NAAS Division From Triumph Group, Inc.
San Antonio, Texas-based Triumph Aviation Services – NAAS Division, Inc. provides line maintenance support to airlines, MROs, government operators and OEMs and has a specialization in fuel systems maintenance, leak detection and bladder cell repair.

Boeing Co. Acquires ForeFlight, LLC From Silver Lake Partners
Houston, Texas-based ForeFlight is a provider of innovative mobile and web-based flight planning and navigation software.

Electro Technik Industries, Inc. Acquires RF Techniques, Inc.
San Jose, Calif.-based RF Techniques, Inc. is a designer and manufacturer specializing in high temperature brazed high power resistors, high power attenuators and high power terminations for high-reliability microwave and RF applications.

Arlington Capital Partners Portfolio Company Tyto Athene, LLC Acquires Island Information Technology Consultants, Inc. (IITC)
Chester, Md.-based Island Information Technology Consultants, Inc. (IITC) is a provider of mission-critical unified communications solutions to the Intelligence Community.

Cerberus Capital Management, L.P. Completes Acquisition of Sparton Corp.
Schaumburg, Illinois-based Sparton Corp. (NYSE: SPA) is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service, and refurbishment.

Asahi Kasei Corp. Subsidiary ZOLL Medical Corp. Acquires Golden Hour Data Systems, Inc.
San Diego, Calif.-based Golden Hour Data Systems is a provider of solutions for patient charting and revenue cycle management (RCM) to the EMS market.

Henry Schein, Inc. Completes Acquisition of North American Rescue, LLC (NAR) From Blue Wolf Capital Partners, LLC
Greer, S.C.-based North American Rescue, LLC (NAR) is a provider of survivability and casualty-care medical products to the defense and public-safety markets.

Liberty Hall Capital Partners, L.P. Acquires Onboard Systems, Inc.
Vancouver, Wash.-based Onboard Systems, Inc. is the leading global provider of external cargo handling equipment for civil and military helicopters, with factory installed proprietary products on over 30 helicopter models serving over 1,000 original equipment and aftermarket customers.

Kratos Defense & Security Solutions, Inc. Acquires an 80.1% Interest in Florida Turbine Technologies, Inc. and FTT Core, LLC
Jupiter, Fla.-based FTT is a turbomachinery design and manufacturing company specializing in engineering, development, and testing of advanced gas turbine engines, propulsion components, and systems for military and commercial applications.

News

General Atomics Successfully Demonstrates Aluminum Power System To Power Remotely Operated Underwater Vehicle
General Atomics Electromagnetic Systems (GA-EMS) has successfully completed the first end-to-end demonstration of its Aluminum Power System (ALPS), powering an underwater Remotely Operated Vehicle (ROV) at a GA-EMS test tank facility in San Diego.

NASA’s Deep Space Exploration System is Coming Together
NASA will soon return humans to the Moon for decades to come, and the system that will transport astronauts from Earth to the Gateway near the Moon is literally coming together. Building on progress in 2018, most of the major manufacturing for the first mission is complete, and this year, teams will focus on final assembly, integration, and testing, as well as early work for future missions. NASA is focused on launching the first mission, Exploration Mission-1 (EM-1), in 2020 to send an Orion spacecraft on the Space Launch System (SLS) rocket from the modernized spaceport at Kennedy Space Center in Florida on an uncrewed test flight before sending crew around the Moon and back on the second mission, Exploration Mission-2 (EM-2) by 2023.

Northrop Grumman, MBDA Demonstrate Integration of Missile Family with Next-Generation Battle Manager
Northrop Grumman Corporation (NYSE: NOC) and MBDA have successfully completed a joint, company-funded effort to incorporate the Common Anti-air Modular Missile (CAMM) family into the Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS). CAMM is the first non-U.S. missile system to be integrated with IBCS.

Poland plans to upgrade Mi-24 fleet
The Polish Armament Inspectorate announced that a technical dialogue has begun with regards to upgrades of the Mi-24 helicopters. The whole procedure is aimed at assessing whether the modernized aircraft would meet the initial requirements defined within the scope of their armament, communication, self-protection, navigation and electronic countermeasures.

SAIC Hires Bob Ritchie to Lead Software Practice
Science Applications International Corp. (NYSE: SAIC) announced today that Bob Ritchie will lead the company’s software practice, effective March 11. Ritchie replaces Kevin Ikeda, who retires this month, and will report to Josh Jackson, executive vice president and general manager of the Solutions and Technology Group.

SpaceX Crew Dragon Splashdown Marks Success of First NASA Commercial Crew Flight Test
NASA passed a major milestone Friday in its goal to restore America’s human spaceflight capability when SpaceX’s Crew Dragon returned to Earth after a five-day mission docked to the International Space Station.

U.S. Navy Partners with Sarcos Robotics for Powered Full-Body Exoskeletons and Inspection Robots to Optimize Shipyard Operations
Today, Sarcos Robotics, a global leader in robotic systems that augment rather than replace humans working in the industrial, public safety and military sectors, announced its partnership with Puget Sound Naval Shipyard (PSNS) & Intermediate Maintenance Facility (IMF) to evaluate and deploy robotic technologies, including full-body, powered exoskeletons and man-portable inspection robots, for use in naval shipyards.

Nicolas Debove New COO of Thales Deutschland
Since the beginning of February Nicolas Debove (50) has been the new Chief Operating Officer (COO) and Vice President Operations of Thales Deutschland. He succeeds Jens Nielsen who has left the company. Debove reports to Dr Christoph Hoppe, the Chairman of the Management Board of Thales Deutschland.

Contracts

NIWC Atlantic – Charleston Awards Seaport-e Task Order to SAIC for Support Services
The U.S. Naval Information Warfare Center Atlantic – Charleston (North Charleston, SC) awarded Science Applications International Corp. (SAIC) (Reston, VA) a $90.0 million task order (N65236-19-F-3034) under the company’s existing Seaport-e contract (N00178-04-D-4119) for support services.

Indian MoD Contracts With Rosoboronexport for 10-Year-Lease of a 3rd Russian Nuclear-Class Akula Submarine
On behalf of the Indian Navy (Bharatiya Nau Sena) (New Delhi, India), the Indian Ministry of Defense (New Delhi, India) awarded JSC Rosoboronexport (Moscow, Russia) a USD $3.0 billion contract for the ten (10) year-lease of a third (3rd) Russian Akula class nuclear attack submarine.

India’s MoD Contracts With Rosoboronexport for Multiple MiG-29 Jets to Improve Air Combat Strength
On behalf of the Indian Air Force IAF (Bharatiya Vayu Sena) (IAF) (New Delhi, India), the Indian Ministry of Defense (New Delhi, India) awarded JSC Rosoboronexport (Moscow, Russia) a USD $964.0 million contract to supply twenty-one (21) MiG-29K Fulcrum fighter aircraft.

Army ACC-APG Awards Three Contracts for Vital Torso Protection – Full Rate Production for ESAPI and XSAPI Hard Armor Plates
On behalf of the U.S. Army PEO Soldier (Fort Belvoir, VA), the U.S. Army Contracting Command – Aberdeen Proving Ground (ACC-APG) (Aberdeen Proving Ground, MD) awarded three, four-year, multiple award, cost-plus-fixed-fee, firm-fixed-price, ID/IQ, with a value of $704.2 million, for Enhanced Small Arms Protective Insert (ESAPI) and X-Small Arms Protective Insert (XSAPI) hard armor plates.

Russia’s Government Contracts With Rostec for Ansat and Mi-8AMT Helicopters for a new Federation-Wide Medical Evacuation Service
On behalf of the Russian National Service of Medical Aviation, the Minister of Industry and Trade of the Russian Federation Denis awarded the State Corporation for Assistance to Development, Production and Export of Advanced Technology Industrial Product – Rostec (Moscow, Russia), and its subsidiaries JSC Russian Helicopters (Moscow, Russia) and Aviation Capital Services, LLC (Moscow, Russia) a contract of undisclosed duration and value to supply a total of 152 medical helicopters including agreements on after-sales service.

UK’s AWE plc Contracts With AECOM on Key Project for the Nuclear Deterrence Program
On behalf of the UK Ministry of Defence (MoD) (London, England, UK), AWE plc (Atomic Weapons Establishment) (Aldermaston, Berkshire, England, UK) awarded AECOM Technology Corp. (Los Angeles, CA) a twelve (12)-year USD $500.0 million contract to act as the delivery partner to AWE for its Nuclear Capability project, a key component of the U.K. government’s nuclear deterrence program.

Australia’s Naval Group Subcontracts With Australian Submarine Corp. (ASC) for Design of the new Attack Class Submarines Under the Project Sea 1000 Future Submarine Project
On behalf of the Australian Department of Defence (Canberra, ACT, Australia) and Royal Australian Navy (RAN) (Canberra, ACT, Australia), the Naval Group Australia Pty. Ltd. (Keswick, South Australia, Australia) awarded Australian Submarine Corp. (ASC) Pty. Ltd. (Port Adelaide, Australia) a three (3)-year AUD $605.0 million (USD $427.4 million) subcontract for the detailed architecture for the hull, including the placement of main systems of the Attack class Submarine.

NAVAIR HQ Contracts With Northrop Grumman for AGM-88G AARGM-ER Propulsion System (PS) Engineering and Manufacturing Development (EMD) Phase
The U.S. Naval Air Systems Command, Headquarters (NAVAIR HQ) (Patuxent River, MD) awarded Northrop Grumman Innovation Systems – Defense Electronics Systems Division (Northridge, CA) a $322.5 million cost-plus-incentive-fee contract (N00019-19-C-0050) for the Engineering and Manufacturing Development (EMD) Phase of the AGM-88G, Advanced Anti-Radiation Guided Missile – Extended Range (AARGM-ER) Propulsion System (PS) in support of the Direct & Time Sensitive Strike Weapons Program Office (PMA 242).

USAF ACC Langley Awards Alliant 2 (A2) Task Order to General Dynamics for the 480th Intelligence, Surveillance and Reconnaissance Wing (480 ISRW) Technical Operations Support (TOS)
The U.S. Air Force ACC, Acquisition Management and Integration Center (AMIC) (Langley AFB, VA) awarded General Dynamics Information Technology (GDIT) (Fairfax, VA) a not-to-exceed $217.0 million cost-plus-fixed-fee task order (FA4890-19-F-A022) under the company’s Alliant 2 (A2) Unrestricted contract (47QTCK-18-D-0003) for the 480th Intelligence, Surveillance and Reconnaissance Wing (480 ISRW) technical operations support (TOS).

NAVSEA Contracts With HII San Diego Shipyard for USS Rushmore (LSD 47) Dry-Docking Selected Restricted Availability (DSRA)
The U.S. Naval Sea Systems Command (NAVSEA) (Washington, DC) awarded HII San Diego Shipyard, Inc. (San Diego, CA) a $154.2 million firm-fixed-price contract (N00024-19-C-4410) for the execution of USS Rushmore (LSD 47) fiscal year 2019 Dry-Docking Selected Restricted Availability (DSRA).

NIWC Atlantic – Charleston Awards Seaport-e Task Order to SAIC for Support Services
The U.S. Naval Information Warfare Center Atlantic – Charleston (North Charleston, SC) awarded Science Applications International Corp. (SAIC) (Reston, VA) a $90.0 million task order (N65236-19-F-3034) under the company’s existing Seaport-e contract (N00178-04-D-4119) for support services.