Business/Financial
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Air ForceNorthrop Grumman, SELEX Galileo Sign MoU to Pursue DIRCM Market
Northrop Grumman [NOC] and Finmeccanica’s SELEX Galileo said they have signed a memorandum of understanding (MoU) to jointly pursue the international directional infrared countermeasures (DIRCM) market. Capitalizing on their unique […]
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ArmyLockheed Martin JLTV Program Utilizes Past Lessons For Future EMD Program
Lockheed Martin’s [LMT] prototype next-generation Joint Light Tactical Vehicles (JLTV) have been driven thousands of miles, braked hard, blown up, and slung below a helicopter during a Technology Development (TD) […]
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Air Force
EADS, Turkish Aerospace Industries Sign MoU For Potential Cooperation
European Aeronautic Defence and Space Co. (EADS) and its divisions Cassidian and Astrium in Germany, Spain, France and the United Kingdom yesterday signed a Memorandum of Understanding (MoU)with Turkish Aerospace […]
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Business/FinancialAdmiralty Partners Acquires Canadian Firm Serving DoD
The private equity firm Admiralty Partners has acquired GMA Cover Corp., a small Canada-based firm that provides concealment products, aerial delivery, flexible fuel and water storage, vehicle soft-top systems and […]
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Business/Financial
Bell To Sell Stake In Commercial Tiltrotor Effort To AgustaWestland
Bell Helicopter [TXT] yesterday said it has agreed to sell its stake in a commercial tiltrotor aircraft project to its partner AgustaWestland to free up resources to boost its investment […]
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Business/Financial
Precision Castparts To Acquire Small Steel Pipe Business From Rockwell Collins
Precision Castparts Corp. [PCP] yesterday said it has agreed to acquire a small business unit from Rockwell Collins [COL] that makes seamless alloy and stainless steel pipes for the energy […]
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Business/Financial
Aerojet, QinetiQ, EADS Astrium Crisa To Supply Ion Propulsion System For Spacecraft
Aerojet [GY] QinetiQ, and European Aerospace Defence and Space Co.’s (EADS) Astrium Crisa, said they have entered a joint agreement to supply the XENITH(TM) (Xenon Ion Thruster) ion propulsion system […]
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Business/Financial
Marine Corps Wants Industry To Invest More In Technology
Marine Corps officials said the time has come for defense contractors to invest more in weapon technologies, and said they want innovative ideas from anyone who has them. Marine Corps […]
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Business/Financial
CACI To Acquire Small IT Security Firm Pangia Technologies
CACI International [CACI] yesterday said it has agreed to acquire a small information technology (IT) firm with expertise in cyber security and application development that also has customers in the […]
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Business/Financial
Honeywell To Acquire EMS Technologies For $491 Million
Honeywell [HON] yesterday said it has agreed to acquire EMS Technologies, Inc. [EMLG] for $491 million in cash in a deal that will enhance its capabilities for mobile computing and […]