International
-
Business/FinancialElbit Acquires BAE’s Rokar GPS Solutions Business
Israel’s Elbit Systems [ELST] on Thursday said it has acquired Rokar International from BAE Systems, Inc. for $31 million, pulling in a key supplier of GPS receivers and guidance systems […]
Tagged in: -
Business/FinancialCubic Accepts Revised Private Equity Offer Despite Higher Bid From ST Engineering
A day after Singapore’s ST Engineering increased its bid for Cubic Corp. [CUB], the California based transportation and defense contractor on Wednesday said accepted a revised, but still lower, offer […]
-
InternationalL3Harris Looks for Viper Shield Flight Testing and Production Contract Award Next Year
L3Harris [LHX], Lockheed Martin [LMT], and the U.S. Air Force are collaborating to flight test the L3Harris AN/ALQ-254 Viper Shield electronic warfare (EW) suite on new F-16 fighter aircraft late […]
-
InternationalBlinken Says Effective Nuclear Deterrence, Military Readiness Part Of Improving Alliances
U.S. Secretary of State Anthony Blinken on Wednesday said that the U.S. and its allies must strengthen their militaries, improve readiness and maintain an effective nuclear deterrent as part of […]
Tagged in: -
Business/FinancialLeonardo Postpones Public Offering For U.S. Business DRS
Citing “adverse market conditions,” Italian aerospace and defense contractor Leonardo on Wednesday postponed plans to take its U.S.-based Leonardo DRS subsidiary public, just more than a week after announcing it […]
-
Business/FinancialToshiba Invests In Counter-Drone Company Fortem; Form Strategic Alliance
Fortem Technologies on Tuesday said it has received a $15 million investment from Japan’s Toshiba Corp. that will allow it to quickly scale and meet demand for increased production of […]
-
Business/FinancialPrivate Equity Firm Agilitas Acquires TenCate Advanced Armour
Agilitas Private Equity, which is based in London, last week closed its acquisition of TenCate Advanced Armour Holding (TCAA) from Royal TenCate. Terms of the deal, which was first announced […]
-
InternationalL3Harris Sees Foreign Military Sales Potential for F-16 EW Suite
L3Harris [LHX] said on March 22 that it is looking for Foreign Military Sales (FMS) of the company’s Viper Shield advanced electronic warfare suite for Lockheed Martin [LMT] F-16 fighter […]
-
Business/FinancialSingapore’s ST Engineering Attempting To Outbid Veritas, Evergreen For Cubic
Cubic Corp. [CUB] on Monday said it has received an unsolicited acquisition offer from Singapore’s ST Engineering (STE) priced at $76 per share, a proposal the company says would be […]
-
InternationalState Department Approves Four European Weapons Sales
The State Department on March 16 approved four Foreign Military Sales (FMSs) to the Netherlands, North Macedonia and Norway worth $561 million total. The Defense Security Cooperation Agency (DSCA) notified […]