Huntington Ingalls Acquires Alion Science and Technology
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
Mitsubishi Commences Business of New Naval Vessels Unit
Mitsubishi Heavy Industries, Ltd. (MHI) announced Tuesday that it concluded an agreement in March with Mitsui E&S Holdings Co
Huntington Ingalls Plans to Acquire Alion Science and Technology for $1.65B
Huntington Ingalls Industries (HII) said it has entered into a definitive agreement to acquire Alion Science and Technology for $1.65 billion in cash from Veritas Capital, subject to customary adjustments
CAE Receives Nod to Buy L3Harris Technologies' Military Training business
CAE today announced that it has received all the required regulatory approvals for the previously announced purchase of L3Harris Technologies' Military Training business for $1.05 billion
General Atomics Acquires Swiss Opto-electronics Manufacturer, Synopta
General Atomics (GA) announced Monday the acquisition of Swiss firm Synopta GmbH, a manufacturer of complex opto-electronic instrumentation for space and terrestrial applications. “Synoptas pioneering expertise and innovative developments in communication, beam control, pointing assemblies, and stationary and transportable optical ground systems will supplement the diverse portfolio of laser communications, sensors,...
Elbit Systems of America Acquires ‘Sparton’ Undersea Warfare Systems Manufacturer
Elbit Systems of America announced today that it has completed the acquisition of Sparton Corporation (“Sparton”) from an affiliate of Cerberus Capital Management, L.P
Elbit Systems Buys BAE’s Rokar GPS Solutions Business
Elbit Systems said on Thursday that it has acquired BAE Systems Rokar for $31 million. Rokar International Ltd
Russian UAC, Sukhoi, MiG to Merge Aircraft Design, Program Management
Rostec State Corporation (Rostec) will unite United Aircraft Corporation (UAC) UAC, Sukhoi and MiG companies into a single corporate aircraft manufacturing center, which will consolidate the management of aircraft programs and other UAC assets. The UAC Corporate Aircraft Center, where Sukhoi and MiG will join, will consolidate the functions of managing aircraft programs, and will also become the managing organization for Tupolev, Ilyushin and the Irkut corporation as well, a Rostec release said
CAE to Acquire L3Harris Technologies' Military Training Business for $1B
CAE today announced it will acquire L3Harris Technologies' Military Training business for $1.05 billion
AeroVironment Acquires Artificial Intelligence Specialist, Intelligent Systems Group for $30M
AeroVironment said it acquired Progeny Systems Corporations Intelligent Systems Group (ISG) for $30 million earlier this week. Under the terms of the transaction, AeroVironment acquired ISG for $30 million in cash and an earnout for Progeny Systems Corporation of up to $6 million over three years, based on the achievement of specific performance targets
Chinese Investors Seek $3.6 Billion Compensation from Ukrainian Moto Sich
Chinese investors of Ukraines Motor Sich have increased the amount of arbitration lawsuit against Ukraine by $100 million, taking the total figure to $3.6 billion
Huntington Ingalls Acquires Autonomy Business of Spatial Integrated Systems
Huntington Ingalls Industries (HII) announced today that it has acquired the autonomy business of Spatial Integrated Systems Inc. (SIS)
Poland, Australia Strengthen Defense Ties in Warsaw Meeting
China Launches First Hangor-class Submarine for Pakistan Navy
South Korea Approves New FFX Batch-IV Frigate Program
P&W Secures $65.8M Contract for Saudi F-15 Jet Engine Support
Development Trends in Unmanned Surface Vessels
Unmanned surface vessels (USVs) have caught the attention of the world following their spectacular success in sinking Russian warships in...
Have Iran-Israel Missile Attacks Enabled Mutual Deterrence?
Iran's April 13-14 missile strike against Israel marks a paradigm shift in Tehran's approach to Israel; from previously relying on...
Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
As Russian Aerospace Forces pummeled Ukrainian positions in mid-March 2024 with hypersonic missiles, the Pentagon's own hypersonics program faces delays,...
Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...
China’s “Moderate” 2024 Defense Budget Hides Frenetic Military Build-up
China on Tuesday revealed a draft defense budget draft for 2024 amounting to 1
Battle of Counter-Drone SAMs- Raytheon's Coyote Vs. Russian Pantsir-S1
The spectacular success of drones on the battlefield in Ukraine has prompted Russia and the United States to develop counter-measures...