Business/Financial
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Business/FinancialBoeing, Sikorsky, Form Joint Venture To Support Saudi Arabia’s Rotorcraft
Boeing [BA] and Sikorsky Aircraft Corp. [UTX] Thursday said they formed a joint venture–Boeing Sikorsky International Services (BSIS)–to compete for sustainment services in support of the Kingdom of Saudi Arabia’s […]
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ArmyRaytheon Begins New 155mm Excalibur Seeker Program
Raytheon [RTN] said on Thursday it has initiated an internally funded program to enhance its combat-proven 155mm Excalibur GPS-guided projectile with a new guidance and navigation unit (GNU) with a […]
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Business/FinancialLockheed Martin, CAE Sign MOU For F-35 Canadian Training Alliance
Lockheed Martin [LMT] and Canadian modeling, simulation and training provider CAE [CAE] signed a Memorandum of Understanding (MoU) for F-35 training system support and services in Canada, according to a […]
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ArmySupacat, Navistar Defense, Sign MoU On Future Support
Supacat and Navistar Defense [NAV] yesterday said they have signed a Memorandum of Understanding to form a team to deliver collaborative future support to the U.K. Ministry of Defense’s protected […]
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Army5D Robotics, Army, DRS Technologies, Segway, Aim To Lighten Soldier Load
5D Robotics Inc., yesterday said it is collaborating with Finmeccanica’s DRS technologies, Segway Inc, and the Army to develop robots to lighten the soldier’s workload and save lies. The company, […]
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Business/Financial
Russian Approval Might Challenge Aerojet Rocketdyne Acquiring Part Of RD AMROSS
Russian regulatory approval of Aerojet Rocketdyne acquiring its 50 percent stake in Russian rocket motor manufacturer RD AMROSS from United Technologies Corp. [UTX] could be a challenge, according to the […]
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Business/FinancialGenCorp And Russian Firm Partner On Spacecraft Thrusters
GenCorp [GY] yesterday said its Aerojet Rocketdyne division and the Russian space propulsion firm Experimental Design Bureau Fakel have extended a teaming agreement that provides Aerojet Rocketdyne with the right […]
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Business/Financial
Despite Difficult Budget Climate, Muilenburg Sees Solid Base of Opportunities
Despite the squeeze being felt domestically in defense spending, the global market of opportunities for defense and space products and services remains sizable, but affordability and program execution will be […]
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Business/Financial
GenCorp Completes Acquisition Of Rocketdyne
Following the Federal Trade Commission’s approval early last week, GenCorp [GY] on Friday said it has completed its $550 million acquisition of the Rocketdyne business unit from United Technologies Corp. […]
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Business/Financial
Coast Guard Awards HII Advanced Procurement For Seventh NSC
A little more than a month after receiving a nearly $500 million contract for construction of the sixth National Security Cutter (NSC), Huntington Ingalls Industries [HII] on Friday said it […]