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...
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)
Lockheed Martin to acquire Aerojet Rocketdyne for $4.4B in 2021
Lockheed Martin said today it plans to acquire Aerojet Rocketdyne for $4.4 billion next year
General Atomics Acquires Guidestar Optical Systems
General Atomics announced today that it has completed the acquisition of the business of Guidestar Optical Systems. The business will be integrated into the General Atomics Electromagnetic Systems (GA-EMS) group
Israel Aerospace Acquires 50% of BlueBird Aero Systems
Israel Aerospace Industries (IAI) signed today an
Mil Moscow, Kamov Merge to Build Electric and Unmanned Helicopters
Russias Mil Moscow Helicopter Plant and Kamov have merged to form a joint venture- National Center for Helicopter Engineering (NCV)- to build new types of helicopters such as unmanned, high-speed and electrically powered ones. “Since April 2020, the National Center for Helicopter Engineering (NCV) began operating in Russia
BAE Systems Acquires UK Tech Firm, Techmodal
BAE Systems announced acquisition of Techmodal, a UK-based data consultancy and digital services company, on Wednesday. Techmodal, which is based in Bristol and has approximately 120 employees and 30 associates, has a number of long term contracts with the UK Ministry of Defence (MOD) in support of the UKs armed forces, particularly the Army, Strategic Command and Royal Navy
Embraer Buys Brazilian Cybersecurity firm, Tempest
Embraer today announced the signing of a contract for a majority investment in Brazilian Security Intelligence firm, Tempest. The largest cybersecurity company in Brazil, Tempest, positions itself as a provider of complete solutions for business protection in the digital world
Maxar to acquire Saab’s Shares in Vricon Geospatial-Intelligence Data and Software Provider...
Maxar Technologies has announced its intent to acquire Saabs shares in Vricon Inc., a fifty-fifty joint venture
Germany's Thyssenkrupp to Acquire Oceana shipyard in Brazil
Germanys Thyssenkrupp Marine Systems has signed a contract to acquire the Oceana shipyard in Brazil (Itajaí, state of Santa Catarina). The seller is Aliança S
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...