Rolls-Royce to Sell Stake in AirTanker Holdings to Equitix Investment Management Ltd
Rolls-Royce has announced the sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189million ($261
Collins Aerospace to Acquire Flight Tracking Platform 'FlightAware'
Collins Aerospace, a Raytheon Technologies business, plans to acquire privately held FlightAware, a digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools. Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals
British Govt Asks Competition Authority to Investigate Ultra Electronics Takeover By Cobham
The British government will review Cobham Group's proposed acquisition of Ultra Electronics, citing potential “national security concerns” about the deal. While Cobham and Ultra are both based in the United Kingdom, Cobham is owned by U
India's DCM Shriram Industries Pays $3.5M to Buy 30% Stake in Turkish...
India's DCM Shriram Industries has acquired 30% of the Turkish unmanned aerial vehicle (UAV) producer, Zyrone Dynamics, in a deal worth $3.5 million
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, and ground systems which enable delivery of dependable solutions to government and other customers,” said Scott Forney, President of General Atomics Electromagnetic Systems Group
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
Truck Carrying Patriot Air Defense System Overturns in Taiwan, 2 Hurt
Rafale Jet to Detect Targets 100 Times Faster with New AI-Infused Talios
Russia’s Nuclear Weapons Testing Ground Ready to Resume Tests After 34 years
World Central Kitchen Confirms Israeli Strike on Workers
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...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...