Aerospace Group:

Boeing In Talks On Combination With Embraer

By Cal Biesecker

Friday, December 22nd, 2017

SHARE:

Boeing [BA] and Brazil’s Embraer [ERJ] on Dec. 21 said they are in discussions for a “potential combination” following a report in the Wall Street Journal that Boeing is in talks to acquire the maker of regional and business jets, light-attack fighters and reconnaissance aircraft, and medium-size military transport aircraft.The Journal reported that the potential acquisition would be at a “large premium” for Embraer but no price was mentioned. It said the talks by Boeing would give it a hedge against its European rival Airbus, which recently…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]