Business/Financial
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Business/FinancialULA Let RD AMROSS Engine Exclusivity Deal Lapse For 2.5 Years, Orbital Says
United Launch Alliance (ULA) let an exclusivity agreement with Russian rocket engine provider RD AMROSS expire two-and-a-half years before renewing it in the late 2000s, a direct reaction to Orbital […]
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Business/FinancialDeb Alderson Named CEO Of Sotera
Sotera Defense Solutions yesterday said that Deborah Alderson will be its new president and CEO, succeeding John Hillen who is becoming vice chairman of the company’s advisory board. Alderson, who […]
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Business/Financial
ITT Exelis Receives NSA Certifications For SideHat and Soldier Radio-Rifleman Radios
ITT Exelis [XLS] yesterday said it received National Security Agency (NSA) certifications for its SideHat and the Soldier Radio-Rifleman (SR-R) radios. These certifications allow the radios to operate up to […]
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Business/FinancialATK Completes Acquisition Of Gun Maker Caliber
ATK [ATK] yesterday said it has completed its $315 million acquisition of Caliber Company, providing it with a line of sporting guns to add to its Sporting Group segment. Caliber […]
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Business/Financial
TransDigm To Acquire GE Aviation Business Unit
TransDigm [TDG] on Friday said it has agreed to acquire a business of General Electric’s [GE] Aviation division that supplies motion control subsystems for civil and military aircraft. Global Hawk […]
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ArmyMerlin Launches Voodoo Solar Tracking System
Merlin Power Systems launches Voodoo, which it calls an adaptable, affordable power supply system, at the U.K. Ministry of Defense’s Defense Vehicle Dynamics (DVD) 2013 event last week. Voodoo Solar […]
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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/Financial
Lockheed 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 […]