International
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Business/FinancialTeledyne To Acquire Danish Marine Acoustics Firm
Teledyne Technologies, Inc. [TDY], yesterday said it has agreed to acquire RESON A/S. a Denmark-based provider of marine acoustic imaging and measurement solutions, to complement the company’s marine instrumentation and […]
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Business/FinancialMagal Acquires Israeli Network Monitoring And Security Firm WebSilicon
Israel’s Magal Security Systems [MAGS] yesterday said it has acquired Tel Aviv-based WebSilicon Ltd. in a deal aimed at expanding its cyber security offerings. Terms of the deal were not […]
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Business/FinancialCubic Agrees To Acquire Australian Defense Firm
Cubic Corp. [CUB] said this week that it has agreed to acquire PS Management Consultants Pty Ltd (PSMC), an Australian-based defense company in the training, simulation, communications and range safety […]
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Business/FinancialMBDA Scores Another Aspide Missile Success
MBDA yesterday said it had another Aspide 2000 success in Kuwait, reaffirming the missiles’ status as a reliable interceptor. The Aspide 2000 has a RF seeker and over 25 km […]
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Air ForceAir Force Successfully Tests AMRAAM With Nammo Rocket Motor
The Air Force Friday successfully live-fired an Advanced Medium-Range Air-to-Air Missile (AMRAAM) with a Nammo-manufactured rocket motor, clearing the last hurdle for prime contractor Raytheon [RTN] to introduce the revamped […]
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InternationalGeneral Dynamics Unit To Provide LAV IIIs To Colombian Army
General Dynamics [GD] yesterday said the Colombian Ministry of National Defense (MND) has awarded a $65.3 million contract to General Dynamics Land Systems-Canada for 24 Light Armored Vehicles (LAVs) for […]
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Business/FinancialGreenwich AeroGroup To Acquire Aero Precision To Expand International Defense Business
The aerospace holding company Greenwich AeroGroup yesterday said it has agreed to acquire Aero Precision Industries, LLC, expanding its capabilities and global footprint related to supporting military aircraft systems worldwide. […]
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Business/FinancialLockheed Martin’s Canadian Subsidiary To Acquire Engine MRO Operation
Lockheed Martin [LMT] yesterday said has agreed to acquire an engine maintenance, repair and overhaul (MRO) based in Montreal, Canada, expanding its engine MRO capabilities internationally and to new engine […]
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InternationalSouth Korea Requests $1.2 Billion Deal For Global Hawk Block 30 UAVs
The Defense Security Cooperation Agency (DSCA) said it notified Congress Dec. 21 of a possible Foreign Military Sale (FMS) to South Korea of four RQ-4 Global Hawk Block 30 unmanned […]
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ArmyU.K. Taps AgustaWestland For Sea King Helo Support
The U.K. Ministry of Defense yesterday said it has agreed to an approximately $419.9 million contract with Finmeccanica’s AgustaWestland to support Sea King helicopters. The work will sustain 500 jobs […]