Northrop Grumman Elects New CFO, Corporate VP Kenneth L. Bedingfield

December 9, 2014 @ 09:32 AM

Northrop Grumman announced today that its board of directors has elected Kenneth L. Bedingfield, corporate vice president and chief financial officer, effective after the company files its 2014 annual report

Airbus Helicopters Appoints Yves Barillé VP of Corporate Communications

December 4, 2014 @ 08:10 AM

Yves Barillé has been appointed as Airbus Helicopters' Vice President of Corporate Communications. As of March 2015, Yves Barillé will report to CEO Guillaume Faury and manage all internal and external communication activities for Airbus Helicopters

Cubic Appoints Chris Bellios Senior VP of National Intelligence, Mission Support Services

December 3, 2014 @ 01:21 PM

Cubic Corporation announced today that Chris Bellios has been appointed senior vice president of National Intelligence, Mission Support Services. He will report to Bill Toti, president and general manager of Cubic Mission Support Services

Safran, Max Aero To Provide Military Aircraft Engine Services In India

October 31, 2014 @ 01:01 PM

Snecma (Safran) and Max Aerospace have partnered to offer military aircraft engine maintenance, repair and overhaul (MRO) services in India, the companies said in a joint statement Tuesday. The joint venture Max Aero Engines Private Ltd (MAEPL) will provide complete engine support solutions, in particular shop-level maintenance and flight line services...

Lockheed Martin To Acquire Helath IT Solutions Provider Systems Made Simple

October 31, 2014 @ 06:18 AM

Lockheed Martin announced today that it has entered into a definitive agreement to acquire Systems Made Simple, a provider of health information technology solutions to the U.S

Safran, Bharat Forge To Team Up For Indian Aerospace Opportunities

October 18, 2014 @ 12:22 PM

Safran and Bharat Forge announced a long-term partnership to supply critical high integrity forged and machined components for Indian commercial aircraft applications to Safrans global affiliates last week. Over the past 18 months, Safran and Bharat Forge have worked on a demonstrator phase for initial trial production of critical forgings in a variety of materials; including titanium, nickel based and steel alloys, for aerospace

Israel To Sell State-Owned Arms Maker, IMI For $540 Million

October 15, 2014 @ 09:12 AM

The Israeli government is all set to sell Israel Military Industries (IMI) for an approximate $540 million, Haaretz, Israeli daily reportedMonday. The company will be sold either directly to an investor or an investor group

Dassault Acquires Quintiq For $322 Million

September 9, 2014 @ 01:10 PM

Dassault Systems today announced the completion of the acquisition of Quintiq, an on-premise and on-cloud supply chain and operations planning and optimization software provider for approximately $322 million. Quintiq has 800 employees and offerings include production, logistics and workforce planning applications

Exelis Mission Systems Division is now Vectrus

September 9, 2014 @ 01:08 PM

Exelis' board of directors have approved the planned spin-off of its mission systems division as an independent company called Vectrus. In December 2013, Exelis initially announced the planned spin-off of the division which is currently part of its information and technical services segment

Krauss-Maffei Wegmann, Nexter To Merge

July 2, 2014 @ 01:10 PM

Krauss-Maffei Wegmann and Nexter Systems agreed to merge services to rationalize Europe's fractured armored-vehicle sector. German Wegmann and French state holding GIAT Industries, intend to meld the stock of their respective units into a new holding company

Lockheed Martin Eyes Zeta Associates

June 30, 2014 @ 03:05 PM

Lockheed Martin is set to acquire Zeta Associates. The terms of the agreement were not disclosed and are not material to Lockheed Martin

Finmeccanica Approves New Organizational And Operating Model

June 20, 2014 @ 10:20 AM

Gianni De Gennaro, chairman and other board of directors of Finmeccanica approved guidelines to implement new Group Organizational and Operating model. The new model includes new perimeter operating companies, 100% owned by Finmeccanica, of the Aerospace and Defense core business