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UAC Announces Merger with Sukhoi, MiG

December 2, 2021 @ 10:39 AM

Russias United Aircraft Corporation (UAC) announced today that it had merged with the Sukhoi aircraft manufacturer and the MiG aerospace firm. UAC Board of Directors approved the merger of the three companies on November 30

Rheinmetall to Buy Over 25% Stake in Hungary’s 4iG Nyrt Company

November 26, 2021 @ 03:11 AM

Rheinmetall signed a letter of intent with Hungarian IT company 4iG Nyrt with an intention to buy 25.1% stake

Rheinmetall Acquires German Drone Manufacturer EMT

November 23, 2021 @ 10:07 AM

Rheinmetall is taking over the activities of EMT, a well-known German unmanned aerial vehicle maker. The Group intends to maintain the company's four locations in Bavaria and Schleswig-Holstein and to integrate the current staff into the Rheinmetall workforce

BAE Systems Plans to Acquire Bohemia Interactive Simulations

November 12, 2021 @ 08:40 AM

BAE Systems said it has entered into a definitive agreement to acquire Bohemia Interactive Simulations (BISim), a global software developer of simulation training solutions for military organizations. Over the coming months, the company will undertake the customary regulatory and pre-closing activities necessary to complete this type of international transaction

IMCO Group Acquires Israeli Drone Maker ‘Innocon’

September 23, 2021 @ 12:39 PM

IMCO Group has acquired Innocon Ltd., a company that manufactures Micro, Mini and Tactical unmanned aerial systems (UAS) as well as mission systems for manned light airplanes

BAE Systems Acquires UK-Based In-Space Missions

September 15, 2021 @ 07:31 AM

BAE Systems announced today it acquired In-Space Missions, a UK company that designs, builds and operates satellites and satellite systems. In-Space Missions was founded in 2015 and is based in Hampshire with more than 30 employees

Raytheon to Acquire SEAKR Engineering

September 15, 2021 @ 04:42 AM

Raytheon Technologies signed a definitive agreement today to acquire privately-held SEAKR Engineering, Inc., a supplier of advanced space electronics

Rolls-Royce to Sell Stake in AirTanker Holdings to Equitix Investment Management Ltd

September 13, 2021 @ 09:50 AM

Rolls-Royce has announced the sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189million ($261

Collins Aerospace to Acquire Flight Tracking Platform 'FlightAware'

August 31, 2021 @ 05:19 AM

Collins Aerospace, a Raytheon Technologies business, plans to acquire privately held FlightAware, a digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools. Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals

British Govt Asks Competition Authority to Investigate Ultra Electronics Takeover By Cobham

August 24, 2021 @ 01:44 PM

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...

August 20, 2021 @ 12:12 PM

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

August 20, 2021 @ 05:23 AM

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

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