International
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Business/FinancialL-3 To Acquire Australian Defense Electronics Company Micreo
L-3 Communications [LLL] on Wednesday said it has agreed to acquire Australian defense company Micreo Limited in a deal that expands its business in Australia and complements its capabilities in […]
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Business/FinancialGE To Acquire Two European 3D Manufacturing Companies To Boost Aerospace, Industrial Work
General Electric [GE] on Tuesday said it plans to acquire two European companies that provide additive manufacturing capabilities for various industries, including aerospace, with the deals worth a combined $1.4 […]
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CyberObama At G-20: Discussed Cybersecurity With Russia But U.S. Has Most Capacity
Following the G-20 summit in Hangzhou, China, President Obama said in a press conference Monday that he and Russian President Putin talked about cybersecurity issues at the conference, acknowledging past […]
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InternationalAirbus Presents H225M Caracal Helicopter At Polish Defense Exhibition
Airbus Helicopters is set to showcase the H225M Caracal helicopter at the MSPO International Defence Industry Exhibition next week in Kielce, Poland after it landed Thursday following a ferry flight […]
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InternationalSaab Wins Polish Order For Simulation System At Military Academy
Poland awarded Saab AB the first order in a two-year agreement to deliver a high fidelity Tactical Engagement Simulations System (TESS) for the General Tadeusz Kosciuszko Military Academy of Land […]
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InternationalCanada Becomes First Foreign Buyer Of Insitu’s Blackjack UAS
Canada has signed an agreement making it the first foreign buyer of the Insitu RQ-21A Blackjack unmanned air system (UAS). One Blackjack system, which consists of five air vehicles, two […]
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Air ForceGeneral Atomics Seeks USAF Airworthiness Assessment For Certifiable Predator B
General Atomics is seeking an Air Force airworthiness assessment for its Certifiable Predator B unmanned aerial system (UAS) similar to the one being provided for Textron’s [TXT] Scorpion. General Atomics […]
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Business/FinancialTextron To Take Restructuring Charge, Stop Production Of Sensor Fuzed Weapon
Textron [TXT] on Tuesday said in a regulatory filing that it expects to take upward of $140 million in pre-tax restructuring charges in large part due to a decision to […]
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Business/FinancialSaab Acquires Belgian Software Firm Serving Port And Terminal Operating Systems
Sweden’s Saab on Wednesday said it has acquired the Belgian company Phaeros Group, which provides software applications for port management and communications, in line with its strategy to grow its […]
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CongressBipartisan Group Of House Members Urge President To Postpone $1.15 Billion In Saudi Arabia Weapons Sales Over Yemen Conduct
A bipartisan set of 64 members of the House of Representatives sent a letter to President Obama on Monday calling on him to postpone the recently announced sale of $1.15 […]