British Govt Asks Competition Authority to Investigate Ultra Electronics Takeover By Cobham
The British government will review Cobham Group's proposed acquisition of Ultra Electronics, citing potential “national security concerns” about the deal. While Cobham and Ultra are both based in the United Kingdom, Cobham is owned by U
India's DCM Shriram Industries Pays $3.5M to Buy 30% Stake in Turkish...
India's DCM Shriram Industries has acquired 30% of the Turkish unmanned aerial vehicle (UAV) producer, Zyrone Dynamics, in a deal worth $3.5 million
Huntington Ingalls Acquires Alion Science and Technology
Huntington Ingalls Industries (HII) said it acquired Alion Science and Technology, a technology-driven solutions provider located in McLean, Virginia, from Veritas Capital. In July, the company said it agreed to buy Alion for $1
Mitsubishi Commences Business of New Naval Vessels Unit
Mitsubishi Heavy Industries, Ltd. (MHI) announced Tuesday that it concluded an agreement in March with Mitsui E&S Holdings Co
Huntington Ingalls Plans to Acquire Alion Science and Technology for $1.65B
Huntington Ingalls Industries (HII) said it has entered into a definitive agreement to acquire Alion Science and Technology for $1.65 billion in cash from Veritas Capital, subject to customary adjustments
CAE Receives Nod to Buy L3Harris Technologies' Military Training business
CAE today announced that it has received all the required regulatory approvals for the previously announced purchase of L3Harris Technologies' Military Training business for $1.05 billion
General Atomics Acquires Swiss Opto-electronics Manufacturer, Synopta
General Atomics (GA) announced Monday the acquisition of Swiss firm Synopta GmbH, a manufacturer of complex opto-electronic instrumentation for space and terrestrial applications. “Synoptas pioneering expertise and innovative developments in communication, beam control, pointing assemblies, and stationary and transportable optical ground systems will supplement the diverse portfolio of laser communications, sensors, and ground systems which enable delivery of dependable solutions to government and other customers,” said Scott Forney, President of General Atomics Electromagnetic Systems Group
Elbit Systems of America Acquires ‘Sparton’ Undersea Warfare Systems Manufacturer
Elbit Systems of America announced today that it has completed the acquisition of Sparton Corporation (“Sparton”) from an affiliate of Cerberus Capital Management, L.P
Elbit Systems Buys BAE’s Rokar GPS Solutions Business
Elbit Systems said on Thursday that it has acquired BAE Systems Rokar for $31 million. Rokar International Ltd
Russian UAC, Sukhoi, MiG to Merge Aircraft Design, Program Management
Rostec State Corporation (Rostec) will unite United Aircraft Corporation (UAC) UAC, Sukhoi and MiG companies into a single corporate aircraft manufacturing center, which will consolidate the management of aircraft programs and other UAC assets. The UAC Corporate Aircraft Center, where Sukhoi and MiG will join, will consolidate the functions of managing aircraft programs, and will also become the managing organization for Tupolev, Ilyushin and the Irkut corporation as well, a Rostec release said
CAE to Acquire L3Harris Technologies' Military Training Business for $1B
CAE today announced it will acquire L3Harris Technologies' Military Training business for $1.05 billion
AeroVironment Acquires Artificial Intelligence Specialist, Intelligent Systems Group for $30M
AeroVironment said it acquired Progeny Systems Corporations Intelligent Systems Group (ISG) for $30 million earlier this week. Under the terms of the transaction, AeroVironment acquired ISG for $30 million in cash and an earnout for Progeny Systems Corporation of up to $6 million over three years, based on the achievement of specific performance targets
Fires Rise as Russian Novorossiysk Port, Oil Depot Hit Massive Drone Attack
Diehl Defence’s IRIS-T Missile Fired from S.Korean KF-21 for the First Time...
Boeing ecoDemonstrator to Test Seat Cushion Sensors, Smart Galley Tools to Reduce...
Support for Upcoming F-16s, Air Defense & Artillery in Denmark's $524.2M Aid...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...
Development Trends in Unmanned Surface Vessels
Unmanned surface vessels (USVs) have caught the attention of the world following their spectacular success in sinking Russian warships in...
Have Iran-Israel Missile Attacks Enabled Mutual Deterrence?
Iran's April 13-14 missile strike against Israel marks a paradigm shift in Tehran's approach to Israel; from previously relying on...
Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
As Russian Aerospace Forces pummeled Ukrainian positions in mid-March 2024 with hypersonic missiles, the Pentagon's own hypersonics program faces delays,...
Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...