The Defense Acquisition Program Administration (DAPA) is planning to develop the stratosphere endurance UAV (unmanned aerial vehicle) design technology by 2017, with an estimated cost $42 million (45.2 billion won)
The Dutch maritime company IHC Merwede has selected IFS to support its key business processes in a contract worth about 2 million Euros. IFS Applications will be implemented as IHC Merwedes single ERP system supporting the companys key strategic goals; collaboration, globalisation, and growth
Tektronix Communications announced today that it has acquired Newfield Wireless, a privately held pioneer in next-generation mobile network optimization with geoanalytics intelligence. Within the mobile network, the Radio Access Network (RAN) portion includes thousands of wireless cell towers deployed across vast geographies
Exelis today announced a plan to spin-off its military and government services business, currently called Exelis Mission Systems, into an independent public company. This business is currently part of the company's Information and Technical Services segment
Bell Helicopter today announced GE Aviation will join Bell on its V-280 Valor, a third generation tiltrotor. "We are very excited to welcome GE to Team Valor
Lockheed Martin announced the acquisition of Amor Group, a United Kingdom-based company specializing in information technology solutions for the energy, transport and public services sectors. "The strategic acquisition of Amor Group is aligned with our strategy for Lockheed Martin International and expands our capabilities and expertise in international information technology, civil government services and the energy market," said Lockheed Martin CEO and President Marillyn Hewson
As part of the presence at Polands MSPO defense industry exhibition being held September 2-5 in Kielce, Eurocopter has brought for a second time the EC725 Caracal helicopter. The Caracal is proposed for Polands acquisition of 70 multi-role helicopters, with Eurocopter and Turbomeca (Safran) signing industrial cooperation agreements that include the creation of full assembly lines in Poland for the Caracal and its Makila 2 turboshaft engines
U.S
The British government and Bahrain have commenced discussions over a potential order for the Eurofighter Typhoon fighter. The Bahrain King Hamad al-Khalifa met with British Prime Minister David Cameron last week to discuss regional issues, including Bahrains plans for a modernization of its armed forces
Rockwell Collins is all set to acquire ARINC Incorporated, a portfolio company of The Carlyle Group under a definitive agreement for $1.39 billion