Honeywell announced that it is no longer pursuing a strategic combination with United Technologies (UTC) due to their unwillingness to engage in negotiations. Honeywell was interested in a combination because of compelling value creation for both sets of shareholders and a readily executable transaction due to two largely complementary business portfolios
Sikorsky on Tuesday introduced a program that will enable operators to upgrade their S-76C+ helicopter to the S-76C++ configuration. The announcement was made at the 2016 Helicopter International Association Heli-Expo show
BAE Systems has won $11 million contract from the US Office of Naval Research (ONR) to develop next-generation electronic warfare (EW) technology that will quickly detect, locate, and identify sources of radio frequency signals. Known as the Full-Spectrum Staring Receiver (FSSR), this technology will enable near-instantaneous battlespace situational awareness, emitter tracking, threat warning, and countermeasure cueing
CACI International Inc and Virginia Techs Ted and Karyn Hume Center for National Security and Technology have entered into a partnership to develop the next generation of technology leaders in cyber-physical system security. During the five-year partnership, CACI will be an anchor partner in the Hume Centers Cyber-Physical System Security (CPSS) program, with a focus on cyber security for unmanned aerial vehicles (UAV)
Italian luxury yacht builder Ferretti Group which announced a new division, Ferretti Security and Defence (FSD) plans to partner Finmeccanica, Saab and Thales in building a range of naval platforms. The Ferretti Group, known for manufacturing large oceangoing yachts plans to build naval platforms and take the electronics and weapons systems from leading defence equipment manufacturers, its chief executive Alberto Galassi told the media in Rome on February 3
General Dynamics has won a $440 million seven years term contract to continue work for providing fire control systems and subsystems aboard US Navy and UK's Royal Navy nuclear ballistic-missile submarines (SSBN). General Dynamics will deliver support and modernization of the existing SSBN strategic weapon system including fire control subsystem installation, maintenance, sustainment, training and repairs to navigation and launch subsystems
Indias Defense Acquisition Council (DAC) has approved major policy changes that include increased offset baseline, reduced delays in procedures and emphasis on local production. The DAC has cleared the new clauses to the proposed Defense Procurement Policy (DPP) on Monday
Boeing and Lockheed Martin have reaffirmed their objection to the US Air Forces October award of the Long Range Strike Bomber (LRS-B) contract to Northrop Grumman, dismissing the lengthy source-selection process as “irreparably flawed”. Northrop Grumman confirms that it filed comments with the GAO in support of the Air Force's decision to award Northrop Grumman the LRS-B program
Fokker Technologies and Aequs of India have signed a Long Term Agreement (LTA) for the supply of machined components for Boeings Chinook helicopter. Under the agreement, Aequs will supply machined detail parts which will be made in India for the Chinook heavy lift helicopter
Orbital ATK has been granted a patent by the United States Patent and Trademark Office for the Helicopter Active Protection System (HAPS), a system to protect helicopters against airborne threats. This represents the first patent awarded to Orbital ATK for its development of methods and systems of active protection from aerial threats by dispensing a kill vehicle from either aerial or ground platforms, the company said in a press release Thursday