Northrop Grumman [NOC] and Italy’s Leonardo this week said they will jointly pursue global opportunities in the market for vertical take-off and landing (VTOL) uncrewed aerial systems (UAS). The companies said the partnership will leverage Northrop Grumman’s expertise in advanced aircraft and ...

Fairbanks Morse Defense (FMD) on Monday said it has acquired Hunt Valve Company, a supplier of valves and actuators for the Navy, industrial, and energy customers, adding a new product portfolio and boosting its aftermarket support capabilities. Terms of the deal were not disclosed. Hunt Valve, ...