Astronics Corporation (ATRO) announced that it completed on February 28, 2014, the acquisition of all of the assets and liabilities of EADS North America's Test and Services division (EADS T&S). The acquisition cost approximately $53 million in cash plus a preliminary net working capital adjustment of $17 million
Saab has signed a contract estimated $12 million to supply the RBS 70 VSHORAD (very short range air defence system) to the Brazilian Army. The order comprises deliveries of man-portable launchers, missiles and associated equipment
Northrop Grumman Australia announced that it has completed the acquisition of Qantas Defence Services, now called Northrop Grumman Integrated Defence Services Pty Limited (IDS). IDS will operate as a part of Northrop Grumman Australia and is strategically aligned with the Integrated Logistics and Modernization division of Northrop Grumman Technical Services
CAE announced today the participation of the Government of Canada in its latest research and development (R&D) program having a repayable investment of $250 million. The goal of CAE's Project Innovate, which will span five and half years, is to develop and expand CAE's current modeling and simulation technologies, develop new ones and continue to differentiate its service offering
Sikorsky Aircraft's Matrix Technology autonomy research program has progressed to the second phase of flight test activities with the installation of advanced sensors to allow the Sikorsky Autonomy Research Aircraft (SARA) to conduct real-time perception work. Sikorsky's Matrix Technology program has set rigorous key performance parameters this year including demonstrating safe flight in obstacle-rich environments, shipboard and brownout condition landings
The Norwegian military yesterday took delivery of first upgraded CV9030 armoured vehicle from BAE Systems under a $750 million contract signed in June 2012. The new upgraded-version vehicle fleet has significantly enhanced protection, survivability, situational awareness and interoperability, incorporating lessons learned from Norwegian, Swedish and Danish operations in Afghanistan with CV90
The US Defense Advanced Research Projects Agency (DARPA) is developing a device to detect used and counterfeit electronic components in order to counter problems leading to system failures that put soldiers lives and missions at risk. The Supply Chain Hardware Integrity for Electronics Defense (SHIELD) program would counter the problem by developing a small (100 micron x 100 micron) component, or dielet, that will ”verify, without disrupting or harming the system, the trustworthiness of a protected electronic component
AgustaWestland has won a €125 million contract from Omni Helicopters International Group (OHI) for four AW139 intermediate twin-engine and five AW189 8.3 ton helicopters in offshore configuration
Lockheed Martin delivered the third and fourth MH-60R "Romeo" helicopters to join the Royal Australian Navy's (RAN) first pair of helicopters training at Jacksonville Naval Air Station, Florida. On Jan
With its sale to the Philippines, Korean Aerospace Industries (KAI) FA-50 fighter jet may be the answer for countries that cannot afford expensive western aircraft. South Korea will provide the Philippines with 12 FA-50 jets worth $415