Textron Acquires Beech Holdings
Textron has completed the acquisition of Beech Holdings, LLC, parent company of Beechcraft Corp., naming a new business segment called Textron Aviation
Lockheed Martin To Acquire Industrial Defender
Lockheed Martin has entered into a definitive agreement to acquire Industrial Defender, a provider of cyber security solutions for control systems in the oil and gas, utility and chemical industries. Subject to the satisfaction of customary closing conditions, the acquisition is expected to close within 30 days
SEC Form 10 Registration Statement Filed For Exelis' Planned Mission Systems Business
Exelis announced today that a registration statement on Form 10 was filed with the US Securities and Exchange Commission (SEC) for the planned spinoff of its current Mission Systems business. The form filling has named "Exelis MSCO Inc
Astronics Acquires EADS North America's Test And Services Division
Astronics Corporation (ATRO) announced that it completed on February 28, 2014, the acquisition of all of the assets and liabilities of EADS North America's Test and Services division (EADS T&S). The acquisition cost approximately $53 million in cash plus a preliminary net working capital adjustment of $17 million
Russian Helicopters To Continue Rotorcraft Industry Modernization
Russian Helicopters is continuing to modernize its production capacity under the Federal Targeted Programme Developing the Military Industrial Complex in the Russian Federation 2011-2020. In this latest phase of modernization, the Ulan-Ude Aviation Plant, a Russian Helicopters company, is launching a programme to re-tool and upgrade its production facilities
Northrop Grumman Acquires Qantas Defence Services
Northrop Grumman Australia announced that it has completed the acquisition of Qantas Defence Services, now called Northrop Grumman Integrated Defence Services Pty Limited (IDS). IDS will operate as a part of Northrop Grumman Australia and is strategically aligned with the Integrated Logistics and Modernization division of Northrop Grumman Technical Services
Alenia Aermacchi Appoints New Chairman
Alenia Aermacchis Board of Directors has appointed Giancarlo Grasso as the new Chairman, a responsibility he will exercise in coordination with the Chief Executive Officer. Giancarlo Grasso has succeeded Amedeo Caporaletti, and will be vested with the power to manage the companys business strategies
Rockwell Collins Appoints New Vice President And Managing Director Of Asia Pacific
Rockwell Collins today announced that James ‘Jim Walker has been appointed as vice president and managing director of Asia Pacific. “Jim brings a unique combination of regional business acumen, geopolitical savvy and seasoned leadership experience to Rockwell Collins,” said Mahoney
Mahindra, Telephonics Launch Joint Venture Partnership In India
Telephonics Corporation, a subsidiary of Griffon Corporation, launched their joint venture partnership, Mahindra Telephonics Integrated Systems, as the first private sector aerospace and electronics manufacturing facility in India. The facility represents an important milestone for Indias rapidly expanding private defense industry
No Procurements Until April: A K Antony
Indias Defence Minister AK Antony today announced at Defexpo 2014 that there will be no more procurement until after April 2014. Addressing the media, he said that the Defence Procurement Procedures (DPP) is also being reviewed
JK Organisation Acquires DELOPT
India-based JK Organisation has acquired a majority stake in Deepti Electronics & Electro-Optics Pvt. Ltd
Defexpo Organizers Face $480,000 In Losses After Finmeccanica Ban
The Indian Defence Ministrys decision to ban 27 domestic and international firms from attending Defexpo 2014 has caused show organizers with the losses over $480,000. Due to the cancellation of bookings of Finmeccanica and its subsidiaries AgustaWestland, Selex, Oto Malera, Aleania Aermachhi and WASS in view of a pending CBI probe against them, has resulted in the loss, according to the Economic Times
Polish Military Faces 200 Cyberattacks in Past Week, Strengthening Cyber Defense
First Deployment of Typhon Weapon System to the Philippines
The Netherlands Orders Thales Ground Master 200 Multi-Mission Radars
Denmark Signs Deal with Argentina to Sell 24 F-16 Aircraft
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...
China’s “Moderate” 2024 Defense Budget Hides Frenetic Military Build-up
China on Tuesday revealed a draft defense budget draft for 2024 amounting to 1
Battle of Counter-Drone SAMs- Raytheon's Coyote Vs. Russian Pantsir-S1
The spectacular success of drones on the battlefield in Ukraine has prompted Russia and the United States to develop counter-measures...
Grounding of U.S. Military’s V-22 Osprey Fleet Enters Third Month
The grounding of around 400-strong fleet of Osprey V-22 Tilt-rotor aircraft is in its third month with no update on...
How Indian MQ-9B SkyGuardian Acquisition Plan Changes Drone Equation in South Asia
India has recently gained U