Canadian-based CAE announced plans to buy L3Harris Technologies’ Military Training business for $1.05 billion, saying the acquisition broadens its training and simulation portfolio and doubles its U.S. defense presence. The proposed acquisition, which is slated to close in the second half of 2021, “accelerates our ...
About four dozen companies are gearing up for a technology competition unlike most in the Pentagon as they vie for spots in the Air Force’s Advanced Battle Management System. ABMS is the Air Force’s multibillion-dollar vision for a massive network of data-processing software, cloud storage, ...