Defense Contractors on Offensive
(Washington Post) — Washington area defense contractors are buying and selling companies at an increasingly high rate as they seek to position themselves for a realignment in Pentagon spending priorities.
BAE Systems, which bases its U.S. operations in Arlington County, is the latest to make some changes. The company recently picked up Stamford, Conn.-based L-1 Identity Solutions’s intelligence services business for $295.8 million, just as its parent company confirmed it is considering selling the U.S.-based “platform solutions” business, which builds aircraft and buses, among other equipment.
SEE ALSO
- Georgia Judge Prohibits Tiffany Haddish From Drinking And Ingesting Illegal Substances
- Anita Baker To Embark On Nationwide Tour For The First Time Since 1995
- Lenny Kravitz Maintains Rock God Status With Bubble Bath Thirst Trap And A Phone Call From Denzel Washington During Performance
- Wendy Williams’ Son Kevin Hunter Jr. Evicted From Miami Apartment
- Sonya Massey’s Family Accuse Police Of An Attempted Cover-Up After Shooting
