11 septembre 2024 | International, Terrestre
11 septembre 2018 | International, C4ISR
WASHINGTON (Reuters) - Science Applications International Corp (SAIC) (SAIC.N) said on Monday it will acquire Engility Holdings Inc (EGL.N) for $1.5 billion in stock, a deal that will turn it into the second-largest independent U.S. government services contractor.
The acquisition is the latest example of how increased defense spending under President Donald Trump and the Republican-led Congress is driving contractors to pursue mergers so they have more scale to bid on bigger projects, spanning everything from outdated computer systems to space exploration.
Engility shareholders will receive $40.44 in SAIC stock for each of their shares, an 11.5 percent premium to Engility's closing price of $36.24 on Friday, the companies said. SAIC will assume $900 million in Engility debt, giving the deal a total value of about $2.5 billion.
On completion of the deal early next year, SAIC's board will expand to 11 seats from nine, and SAIC shareholders will own about 72 percent of the combined company.
Engility, based in Chantilly, Virginia, provides skilled personnel to the U.S. departments of defense, homeland security and justice, among others. The acquisition will boost SAIC's offerings to its space customers and expand its customer base in the intelligence community, SAIC Chief Executive Tony Moraco said in an interview.
The increased U.S. defense budget and a two-year budget deal reached earlier this year that lifted caps on defense spending also emboldened SAIC to pursue the deal, Moraco added.
11 septembre 2024 | International, Terrestre
7 septembre 2018 | International, Aérospatial, Naval, Terrestre, C4ISR
By: Daniel Cebul WASHINGTON — In the era of great power competition, the speed at which competing militaries are capable to innovate and evolve could determine who would win in a war. In light of the need for speed, military innovation experts at the Defense News Conference tackled the question of whether the Department of Defense can still move quickly to develop new technologies and capabilities. While the conversation surrounding innovation tends to revolve around the development of new technology, other organizational changes are arguably more important for military innovation. Col. Liam Collins, director of the Modern War Institute, said that while new technologies play a role, they are not the driving force of innovation. “Sure, there were technological innovations that were part of it, such as new signals intelligence capabilities, but it was really more of an organizational or doctrinal innovation in which technology played a part,” Collins said. “Technology facilitates those other innovations, which are really often the most critical and often the less studied [of] what we focus on.” One example of changes to organizational doctrine and behavior is the DoD's uptick in using other contracting authorities, or OTA. Shawn Black, vice president and general manager for electro-optical and infrared systems are Leonardo DRS, said that from the commercial side, these alternative contracting authorities are appealing because they move quicker and better communicate requirements. “They represent a faster procurement cycle. You are able to move through the process of responding to a solicitation and providing a proposal much quicker. There is more flexibility in the intellectual property provisions,” Black said. "[Leonardo] has seen much-improved communication with the acquiring organization as you move through the process. “Right up until the submission we are able to zero in right on what they are looking for.” So how fast are these alternative options able to pump out contracts? Mike Madsen, partner and head of Washington operations at Defense Innovation Unit, said his office is looking to “leverage the OT authority and put award prototyping contracts within 60 to 90 days." "The fastest we've been able to do is just under that, and we are averaging 100 days,” he added. Full article: https://www.defensenews.com/smr/defense-news-conference/2018/09/06/can-the-us-military-still-innovate-quickly
17 août 2020 | International, Aérospatial, C4ISR
Mark Pomerleau WASHINGTON — The U.S. Army is seeking industry input on new technology allowing aircraft to survive and defeat systems in sophisticated adversarial environments made up of sensitive radars and integrated air defense systems. A notice posted online Aug. 12 from the Army Combat Capabilities Development Command's Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance Center is asking industry for ideas ahead of an industry day in September that will provide additional information regarding the technical specifications. The service will also answer questions in depth at the event. “The future multi-domain operational environment will present a highly lethal and complex set of traditional and non-traditional targets. These targets will include networked and mobile air defense systems with extended ranges, and long and mid-range fires systems that will deny freedom of maneuver,” the notices stated. To maintain an advantage, the notice stated, the Army aviation community must modernize its reconnaissance, surveillance, target acquisition and lethality with an advanced team of manned and unmanned aircraft as part of its Future Vertical Lift modernization effort, which calls for a future attack reconnaissance aircraft. The desired end state of this interconnected ecosystem will enable the penetration, disintegration and exploitation of an adversary's anti-access/area denial environment comprised of an integrated air defense system as well as surveillance and targeting systems, command-and-control capabilities, and communications technology. It will do this through a series of air-launched effects, which are a family of large and small unmanned or launched systems capable of detecting, identifying, locating and reporting threats while also delivering nonlethal effects. Some of the sensors described include those that can passively detect and locate threats within the radio frequency/electro-optical/infrared spectrums, active detection, electronic or GPS-based decoys, and sensors able to disrupt the detection of friendly systems through cyberspace or the electromagnetic spectrum. The notice lists five technology areas of interest: Hardware for the mission payloads. Hardware, software or techniques for distributed collaborative teaming capabilities to include processing technologies, cyber protection and data links to enable command and control of air-launched effects. Software or algorithms that can fuse, process, decide and act on sensor data allowing air-launched effects to autonomously react and adapt to countermeasures. Multimode/multifunction technologies consisting of payloads for synthetic aperture/moving target indicator radar or combined electronic warfare, radar and communication functions that share common apertures. Modular open-systems architecture. https://www.c4isrnet.com/battlefield-tech/2020/08/14/us-army-seeks-new-airborne-tech-to-detect-defeat-radar-systems/