Germany's Federal Cartel Office Clears Rheinmetall-Ukrainian Defence Industry Joint Venture in Kyiv

September 29, 2023 @ 06:03 AM

Germanys Federal Cartel Office, Bundeskartellamt, cleared the way for establishing a joint venture between Rheinmetall Landsysteme GmbH and Ukrainian Defence Industry group (UDI), the former Ukroboronprom, on Thursday. Authorization from other relevant agencies has already been applied for and is expected to come shortly

French Photonis Group Renamed to Exosens

September 21, 2023 @ 08:54 AM

French firm, PHOTONIS GROUP, which specializes in differentiated technology for detection, imaging, and lighting, is currently undergoing a corporate rebranding initiative and will henceforth be known as Exosens. The company, under the ownership of Groupe HLD since 2021, is undergoing a profound transformation by venturing into adjacent technologies and expanding into...

AeroVironment Completes Acquisition of Tomahawk Robotics

September 19, 2023 @ 07:00 AM

AeroVironment has completed its acquisition of Tomahawk Robotics, a company dealing with AI-enabled robotic control and integrated communications systems. AeroVironment signed a definitive agreement to purchase Tomahawk Robotics in August for a total purchase price of $120 million to be paid in a mix of cash and stock

Saab Acquires AI-enabled Autonomous Swarm Systems Provider “BlueBear”

September 1, 2023 @ 10:11 AM

Saab has completed acquisition of U.K

AeroVironment to Acquire Tomahawk Robotics

August 23, 2023 @ 04:42 AM

AeroVironment said it is planning to acquire Tomahawk Robotics, a company that deals with AI-enabled robotic control systems. “The acquisition will enable deeper integration of both companies technology, leading to enhanced interoperability and interconnectivity of unmanned systems through a singular platform with similar control features

BAE Systems to Acquire Ball Aerospace for $5.55B

August 17, 2023 @ 02:01 PM

BAE Systems planned acquisition of Ball Aerospace for $5.55 billion is expected to boost its position across a range of activities, notably the

Rheinmetall Completes Acquisition of Spain’s Expal Systems

August 2, 2023 @ 05:14 AM

Rheinmetall AG said it has completed its takeover of all shares in Expal Systems S.A

Safran Offers $1.8B Cash to Acquire Collins Aerospace's Flight Control Business

July 24, 2023 @ 06:51 AM

Safran has announced the acquisition of Collins Aerospaces actuation and flight control business for $1.8 billion

Hypersonics Flight Test Firm Stratolaunch acquires Bankrupt Virgin Orbit's 747 Aircraft

May 26, 2023 @ 10:55 AM

Stratolaunch said it has received approval from the U.S

Russia, Chinese Strategic Rocket Forces Could have "Exchanges" under New Cooperation

April 19, 2023 @ 11:54 AM

As part of agreements reached during Chinese and Russian defense ministers meeting in Moscow on Tuesday, more military services could start to have exchanges, like strategic rocket forces. Zhang Hong, an associate research fellow at the Institute of Russian, Eastern European and Central Asian Studies of the Chinese Academy of Social Sciences, told this to government-owned Global Times on Tuesday

Boeing Subsidiary ForeFlight Acquires Flight Debriefing Software Provider CloudAhoy

April 6, 2023 @ 07:16 AM

ForeFlight, a Boeing Company, has announced that it has acquired CloudAhoy, a provider of post-flight debriefing, analytics and flight operations quality assurance (FOQA) software products for flight training, as well as business, general and military aviation pilots and operators. Specifically, the deal strengthens ForeFlights data analytics tools and services, which provide a seamless digital ecosystem that touches all phases of flight, according to company leaders