Business/Financial

EADS Deutschland GmbH Cassidian and Finmeccanica’s Alenia Aeronautica S.p.A. said they signed a Memorandum of Understanding (MoU) to jointly investigate the potential cooperation in medium altitude long endurance (MALE) Unmanned […]

Soldiers from the Army’s 75th Ranger Regiment led the way as the first to conduct combat communications with the Rifleman Radio, the Handheld, Manpack, Small Form Fit (HMS) Program Office […]

Opportunities for growth in the U.K. aerospace sector was the agenda for an Aerospace Business Leaders meeting this week hosted by Business Secretary Vince Cable. Attending were top executives from […]

The U.S. aerospace industry had a better than expected 2011 in terms of overall sales, driven by gains in all key, sectors but the outlook for 2012 appears flat, the […]

A group of GOP senators pledged yesterday to launch an aggressive fight next month for stopping $600 billion in planned defense budget cuts while still allowing some Pentagon “efficiencies.” Meanwhile, the […]

Boeing [BA] this week said it will raise its quarterly stock dividend by nearly 5 percents to 44 cents per share payable March, 2, 2012. The company’s current quarterly dividend […]

L-3 Communications [LLL] yesterday said it has agreed to acquire the Kollmorgen Electro-Optical (KEO) unit of Danaher Corp. [DHR] for $210 million in cash, giving it new capabilities in electro-optics […]

MDBA Inc., the wholly-owned U.S. subsidiary of missile maker MBDA, yesterday said it has purchased Northrop Grumman’s [NOC[ Viper Strike munitions business, located in Huntsville, Ala. Terms of the agreement […]

Sikorsky Aerospace Services (SAS) [UTX]  said it signed a memorandum of understanding (MoU) with AIROD Sdn. Bhd. (AIROD) of Malaysia and Aviation Design Centre Sdn. Bhd. (ADC) to explore aircraft […]

The Joint Program Executive Office (JPEO) for Joint Tactical Radio System (JTRS) Network Enterprise Domain (NED) wants to form non-contract relationships with vendors of JTRS-capable radios to make them compatible […]