Boeing to Acquire Aviation Parts Provider KLX for $4.25 Billion
Boeing has entered an agreement to acquire KLX, an aviation parts and services provider in an all-cash transaction for $63 per share, approximately $1 billion of net debt, totalling $4.25
CybAero Under Nasdaq Investigation for Rules Violation
Swedish unmanned systems manufacturer, CybAero is under a Nasdaq investigation for possible violation of rules related to its financing. CybAero has received the first tranche of SEK 4
Schiebel Integrates Oceanwatch Target Detection Payload on Camcopter UAS
Schiebel and Overwatch Imaging successfully integrated PT8 Oceanwatch, a small target detection payload, on the CAMCOPTER S-100 Unmanned Air System (UAS). The PT-8 Oceanwatch delivers an image-based wide area maritime search...
China Becomes World's Second Biggest Military Spender: SIPRI
China has become the world's second biggest military spender behind the United States relegating Saudi Arabia and India to third and fourth place respectively according to a new report by...
CAE Wins Joint Multinational Simulation Centre Contract
CAE was awarded a contract from a Gulf Cooperation Council (GCC) customer to develop a Joint Multinational Simulation Centre. As part of the contract, CAE will be providing the GlobalSim constructive...
L-3 Communications to Provide MK-20 Electro-optical Sensor Systems to US Navy, Coast...
L-3 Communications is awarded $12 million modification contract for Mk 20 electro-optical sensor systems, radar cross-section kits, engineering support services, and depot spares for both the US Navy and Coast Guard. The Mk 20...
Boeing to Provide Production Support Services for 36 Korean Apache Helicopters
Boeing has won $96.3 million contract for production services in support of the 36 AH-64E Apache helicopters to South Korea
Raytheon Wins $387 Million SM-3 Block IIA Missiles Contract
Raytheon has won $387 million modification contract to procure a limited subset of items necessary to maintain schedule for eventual manufacture, assembly, test and delivery of 20 Standard Missile-3 (SM-3) Block IIA missiles and related...
Raytheon Wins $143 Million Contract to Supply 100 Tomahawk Missiles
Raytheon has won $143 million modification contract to procure 100 full-rate production Lot 15 Tomahawk Block IV all-up-round vertical launch system missiles. Work is expected to be completed in August 2020, US department of...
Lockheed Martin Wins $828 Million Guided Multiple-launch Rocket Systems Contract
Lockheed Martin has won $828.7 million contract to supply guided multiple-launch rocket systems to Finland, Republic of Korea, and Romania
Lockheed Martin Wins $1.4 Billion F-35 Fighter Logistics Services Contract
Lockheed Martin has won $1.4 billion contract for recurring logistics services for delivered F-35 Lightning II Joint Strike Fighter air systems in support of the Air Force, Marine Corps, Navy, non-Department of Defense (DoD) participants,...
South Korea Dismantles Propaganda Loudspeakers from Border with North
Seoul has begun dismantling loudspeakers used in propoganda warfare with Pyongyang while the latter has promised to do the same following an inter-Korea summit between the leaders of both states. South Korea on Monday announced a...
Blast in Iranian Port: Negligence or Sabotage?
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles
Four-legged Robots Vs. Military Dogs
Four legged robots that resemble dogs are increasingly being seen in war zones and exercises for functions such as reconnaissance...
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
