Lockheed Martin Acquires Amor Group - An Information Technology Solutions Company

September 12, 2013 @ 09:10 AM

Lockheed Martin announced the acquisition of Amor Group, a United Kingdom-based company specializing in information technology solutions for the energy, transport and public services sectors. "The strategic acquisition of Amor Group is aligned with our strategy for Lockheed Martin International and expands our capabilities and expertise in international information technology, civil...

Northrop Grumman To Acquire Qantas Group's Defence Services Business

August 29, 2013 @ 09:09 AM

Northrop Grumman Australia announced today that it has signed a definitive agreement with Qantas Airways Limited to acquire Australia-based Qantas Defence Services Pty Limited (QDS). QDS provides integrated logistics, sustainment and modernization support to Australian government and military customers

Indian Three Year Defence Imports Totaled US$ 38 Billion

August 12, 2013 @ 02:26 PM

The Indian government has spent over Rs 2.35 lakh crore (USD 38

Rockwell Collins To Buy ARINC Inc. For $1.39 Billion

August 12, 2013 @ 08:45 AM

Rockwell Collins is all set to acquire ARINC Incorporated, a portfolio company of The Carlyle Group under a definitive agreement for $1.39 billion

President Kelly Ortberg Appointed As CEO Of Rockwell Collins

August 5, 2013 @ 10:27 AM

Rockwell Collins today elected its President Kelly Ortberg as the CEO of the company, an additional role appointed to be effective immediately. Ortberg is the successor to Clay Jones, 64, who will continue as non-executive chairman of the company

EADS Restructure Forms Airbus Defense & Space, Airbus Helicopters

July 31, 2013 @ 02:07 PM

EADS on Wednesday will change its name to Airbus, after its civil aviation division that accounts for over 70% of its sales, amid a global corporate restructuring, the company said in an official statement. The name change which will come into effect next year, will reshuffle its space and military units into one division, the company said Wednesday

Rafale Establish New Land Systems Division

July 30, 2013 @ 11:38 AM

Rafael Advanced Defense Systems recently underwent reorganization, with an establishment of a new Land & Naval Systems Division, according to i-hls. The new Land & Naval Systems unit is to develop and produce, among others, weapon platforms, armored vehicle defense systems, shoulder-launched systems and naval defense systems

ST Engineering Procures Brazilian MRO Company

July 29, 2013 @ 10:30 AM

ST Engineering recently bought a 90 percent equity interest in Brazils Technicae Projetos e Servicos Automotivos (Technicae), according to Defense news. With an additional $1

Lockheed Martin To Set Up A Technology Hub In Israel

July 3, 2013 @ 10:03 AM

Lockheed Martin has revealed its plans to set up a technology development center in Israel. The move follows an April agreement under which state-owned Israel Aerospace Industries, flagship of the country's defense sector, will build the wings for Lockheed Martin's F-35 Joint Strike Fighter

Rockwell Collins Announces Management Changes

May 15, 2013 @ 02:17 PM

Rockwell Collins announced several leadership changes within Commercial Systems (CS) and International & Service Solutions (I&SS) today. Scott Gunnufson has been appointed vice president of Sales, Marketing and Support for CS, reporting to Kent Statler, executive vice president and chief operating officer for CS

SAAB Laments Danish Supreme Court Penalty Over DACCIS Systems

April 26, 2013 @ 02:56 PM

The Danish Supreme Court has ordered SAAB to repay about MDKK 187 plus interest costs, totalling about MDKK 243, to the Danish Defence Acquisition and Logistics Organisation (DALO) and to compensate DALOs court costs. The DACCIS dispute originates from a terminated contract concerning the command and control system DACCIS

Lockheed Martin Appoints New Chief for F-35 Program

March 19, 2013 @ 08:43 AM

Lockheed Martin Corporation announced that its board of directors has approved the appointment of Orlando Carvalho, 54, to executive vice president of the Aeronautics business area, and Lorraine Martin, 50, as vice president and general manager of the F-35 Lightning II program. The board also elected Martin a corporate officer