Business/Financial
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Air ForceTextron Launches New Tactical Air Training Business; Sees Huge Growth Potential
Building on an acquisition it made in late winter, Textron [TXT] earlier this month launched a new operating business focused on providing tactical airborne training services to the Navy and […]
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Business/FinancialRheinmetall And GD Sign License Agreement To Provide Omnitrap Decoy Ammunition To Canadian Navy
The Canadian government signed a license agreement with Rheinmetall and General Dynamics [GD] to produce Omnitrap decoy ammunition for the Canadian Navy for 30 years, Rheinmetall said Thursday. The agreement […]
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Business/FinancialDHS S&T Reaches Out To Silicon Valley For Small UAS Capabilities
The Department of Homeland (DHS) technology development branch is continuing its outreach to the nation’s high-tech sector with a new solicitation for innovative small unmanned aircraft system (sUAS) technologies and […]
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Business/FinancialGlobal Aerospace And Defense Sector Sees Growth In 2015, Deloitte Say
The global aerospace and defense sector grew nearly 4 percent in 2015 led by the commercial subsector and to a lesser extent the defense subsector, according to a new study […]
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Business/FinancialGD Wins Contract To Update Stores Management System For UK Helicopters
Leonardo Helicopters (formerly AugustaWestland/Finmeccanica) awarded General Dynamics [GD] a contract to update the Stores management Systems (SMS) on the United Kingdom Royal Navy Wildcat helicopters, GD said Tuesday. The SMS […]
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Business/FinancialBoeing And Mahindra Defence Systems Open C-17 Training Center For Indian Air Force
Boeing [BA] and Mahindra Defence Systems formally opened a new C-17 training center to provide services to the Indian Air Force (IAF) in Gurgaon, India, Boeing said Friday. Located at […]
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Business/FinancialLockheed Martin Initiates Stock Exchange Offer For IS&GS
Lockheed Martin [LMT] on Monday said the exchange offer is underway for the separation of its Information Systems & Global Solutions (IS&GS) segment, one more step in concluding the merger […]
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Business/FinancialAvast To Acquire AVG For $1.3 Billion
Avast Software, a leading antivirus cyber software company, has entered into a purchase agreement with AVG Technologies N.V. [AVG] worth about $1.3 billion, the companies saidThursday. Under the agreement, Avast […]
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Business/FinancialGeneral Atomics And Raytheon To Integrate Advanced Radar Detection System Onto Predator B
General Atomics Aeronautical Systems, Inc. (GA-ASI) and Raytheon said Thursday they will integrate the Advanced Radar Detection System (ARDS) onto a Predator B/MQ-9 Reaper unmanned aerial vehicle (UAV). GA-ASI manufactures […]
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Business/FinancialCyber Firm Darktrace Raises $65 Million In New Growth Equity Financing
Darktrace, a cyber company that focuses on cyber threat defense software, raised $65 million in new growth equity financing, led by the global investment firm KKR, the company said Wednesday. […]