International
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International
State Department Approves $1.9 Billion Deal With India For Integrated Air Defense Weapon System
The State Department said Monday it has approved a potential $1.9 billion deal with India for an Integrated Air Defense Weapon System comprising Sentinel radars, Advanced Medium-Range Air-to-Air Missiles (AMRAAM) […]
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International
State Department Approves $990 Million Deal With Australia For 200 LRASMs
The State Department has approved a potential $990 million deal with Australia for 200 AGM-158C Long Range Anti-Ship Missiles (LRASMs). The Defense Security Cooperation Agency (DSCA) on Friday notified Congress […]
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Business/Financial
U.K. Autonomous Vessel Systems Provider Sonardyne Acquires Underwater Imaging Firm
Sonardyne International on Tuesday said it has acquired underwater imaging and inspection specialist 2G Robotics, adding to its capabilities in subsea products and services. Terms of the deal were not […]
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Business/Financial
Huntington Ingalls To Gain Share Of Small, Medium UUV Market With Hydroid Deal
Huntington Ingalls Industries [HII] on Tuesday said it has agreed to acquire Hyrdroid Inc. for $350 million in cash, adding field-proven products and know-how in small and medium autonomous unmanned […]
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Business/Financial
Leidos $1 Billion Deal For L3Harris Detection Business Will Create Comprehensive Security Portfolio
Leidos [LDOS] on Tuesday morning said it has agreed to acquire the Security & Detection and automation business units of L3Harris Technologies [LHX] for $1 billion in cash, adding a […]
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International
International Demand Fueling Counter Drone Business, Fortem Chief Says
With the U.S. government slow to fund and test counter-drone systems for domestic applications, Fortem Technologies is finding plenty of business overseas for its suite of solutions to detect, track […]
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International
Israel Selects Rafael To Deliver Future Sensor-To-Shooter System
Israel has tapped Rafael to deliver its future sensor-to-shooter system, with the goal to have the networked capability operational within the year. The Fire Weaver control system was jointly developed […]
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International
U.K.’s Decision To Work With Huawei On 5G Is ‘Problematic,’ Pentagon Says
The Pentagon on Monday said the U.K.’s recent decision to allow Chinese firm Huawei to work on future 5G telecommunications is “problematic,” citing potential security risk concerns. “The United Kingdom […]
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Navy/USMC
Lockheed Martin Wins $2.3 Billion Contract To Refurbish MH-60 Parts
The Navy awarded Lockheed Martin [LMT] a contract worth up to $2.338 billion on Jan. 31 to repair, upgrade or replace weapon replaceable and shop replaceable assemblies for the service’s […]
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Business/Financial
Airbus To Pay U.S. Nearly $600 Million To Settle Bribery, Corruption Allegations
The Department of Justice last Friday said that Airbus Group has agreed to pay the U.S. government $592 million to settle bribery and corruption charges related to commercial aircraft sales […]