International
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ArmySikorsky Details Growing International Demand For New Armed Black Hawk Mission Kits
NASHVILLE, Tenn.– Sikorsky [LMT] last week detailed its new Armed Black Hawk mission kits, noting there’s growing demand for the modular upgrade from international customers. Rich Benton, vice president and […]
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InternationalPotential $12 Billion AEGIS And Integrated Combat System Sale To Germany Okayed By State Department
The State Department last Friday said it has okayed a potential $11.9 billion Foreign Military Sale (FMS) to Germany for AEGIS technology and integrated combat system equipment. Lockheed Martin [LMT] […]
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Business/FinancialRocket Lab Closes Mynaric Acquisition At Higher Price Than Originally Agreed
Rocket Lab [RKLB] on Tuesday said it closed its acquisition of optical communications terminal (OCT) supplier Mynaric AG for $155.3 million, $5.3 million more than the original deal terms announced […]
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Missile DefenseRTX Signs $3.7 Billion Contract With Ukraine For Patriot GEM-T Interceptors
RTX’s [RTX] Raytheon business on Tuesday announced it signed a $3.7 billion contract to supply Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-Tactical (GEM-T) airborne threat interceptors to Ukraine as a […]
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Navy/USMCCNO Sees Role For Foreign Shipbuilders To Build And Maintain Some Auxiliary Ships, Invest In U.S.
The Chief of Naval Operations (CNO) on Monday said he envisions leveraging foreign shipyards to improve the U.S. Navy by having them maintain and build some auxiliary ships while investing […]
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Navy/USMCU.S. Razorback UUV Launched From French Sub
The U.S. and French navies recently demonstrated interoperability by launching a U.S. Razorback Unmanned Undersea Vehicle (UUV) from a French nuclear-powered attack submarine (SSN). In the operation, a French Suffren-class […]
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Missile DefenseLockheed Martin Says $4.8 Billion Army PAC-3 MSE Award Will Accelerate Production
A day after the Army on April 9 awarded Lockheed Martin [LMT] a $4.76 billion contract to produce an unspecified number of Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement missiles, […]
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Unmanned SystemsRed Cat Adds Swarming Autonomy Developer Apium To Portfolio
Red Cat Holdings [RCAT] on Monday said it has acquired Apium Swarm Robotics in a deal that adds a distributed swarming autonomy capability for unmanned aircraft systems (UAS) and unmanned […]
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Air ForceMore Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says
RTX‘s [RTX] Pratt & Whitney said that it has spent more than $1 billion in the last five years to boost engine production–an investment that may come in handy, as […]
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Business/Financial
Rocket Lab Gets German Approval To Acquire Mynaric
Rocket Lab [RKLB] on Monday said it has received regulatory approval to complete its acquisition of Germany-based laser optical communications terminal (OCTs) supplier Mynaric AG, clearing the way for the […]