Business/Financial
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ArmyCyPhy’s Tethered Drones Provide Limitless Uptime to Army, Navy
Drones can be used for covert surveillance, attacks, refueling, patrolling, inspection, and any number of other tasks that benefit from a portable aircraft with an operator kept out of harm’s […]
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International3M Launches New Ballistic Helmet Aimed At International Market
3M [MMM] officially launched the F70 new ballistic helmet last week aimed at the international market and featuring improved durability capabilities the company developed while building the Army’s helmet of […]
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Business/FinancialBoeing Establishes New Organization Focusing On Advanced Computing
Boeing [BA] on Wednesday said it has launched a new organization that is focusing on researching and developing capabilities and solutions for secure communications, advanced artificial intelligence, and optimizing complex […]
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CongressBipartisan Calls Increase in Senate to End U.S. Aid to Saudi Forces
Senators on both sides of the aisle are increasingly calling for an end to U.S. military aid to Saudi forces in Yemen and a hold on weapons sales to the […]
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Air ForceAnalyst: Too Soon to Tell If Protest-Free Trend Will Stick for Air Force Programs
A series of protest-free wins for major Air Force aircraft programs are a welcome sight for both the service and contract winner Boeing [BA], but whether the trend sticks for […]
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Business/FinancialHarris, L3 Chiefs Don’t See Roadblocks To Closing Deal
With just a “fraction” of their respective businesses overlapping, the corporate chiefs behind the largest defense merger ever don’t expect any major regulatory hurdles in combining Harris Corp. [HRS] and […]
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Business/FinancialHarris, L3 Technologies In Deal Billed As Merger Of Equals
Harris Corp. [HRS] and L3 Technologies [LLL] on Sunday morning announced a blockbuster deal that would create the sixth largest U.S. defense contractor with about $16 billion in sales and […]
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Business/FinancialTransDigm To Acquire Esterline For $4 Billion In Deal That Expands Aerospace, Defense Products
TransDigm Group Inc. [TDG] on Wednesday said it has agreed to acquire Esterline Technologies Corp. [ESL] for $4 billion in cash in a deal that expands its proprietary mix of […]
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Business/FinancialBoeing HorizonX Invests In Satellite Propulsion Developer Accion Systems
Boeing [BA] on Wednesday said its venture unit HorizonX has invested in Accion Systems, a startup that is developing tiny thrusters for satellite propulsion. Boeing said that Massachusetts-based Accion’s Tiled […]
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ArmyLeonardo DRS Announces $800 Million In Sensor Contracts, Including Army Deal For New Mounted Laser Rangefinder
Leonardo DRS on Tuesday announced $800 million in electro-optical and infrared sensors contracts from the Pentagon, including a $231 million deal to deliver a new tripod mounted laser designator rangefinder […]