International
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Business/FinancialCAE Wins Military Contracts Valued At More Than $55 Million
CAE [CAE] yesterday said it won a series of military contracts valued at more than about $55.4 million from Airbus Military, BAE Systems, and the U.K. Ministry of Defense. “These […]
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Business/FinancialChemring Says Carlyle Group Considering Acquisition
Britain’s Chemring Group last week said that the private equity firm The Carlyle Group has expressed its interest in acquiring the company with a decision expected next month. Chemring said […]
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Business/FinancialMoog Acquires Marine Sensor Provider Tritech
Moog Inc. [MOG] yesterday said it has acquired Britain’s Tritech International for $33.3 million in cash boosting its marine product portfolio. Tritech supplies equipment for the remotely operated vehicle and […]
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ArmyCompanies Prepare For Potential JLTV Contract Awards
Six competitors are awaiting the potential award of as many as three engineering and manufacturing development (EMD) contracts for the planned Army-Marine Joint Light Tactical Vehicle (JLTV) program. The goal […]
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Business/FinancialCGI Completes Purchase Of Logica
Canada’s CGI Group [GIB] yesterday said it has completed its $2.7 billion acquisition of Britain’s Logica in a deal that expands its presence in the Americas, Europe and Asia and […]
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ArmyKongsberg Awarded CROWS Framework Agreement Valued Up To $940 Million
Norway’s Kongsberg Gruppen late last week said it’s Protech Systems was awarded a new, five year framework agreement valued up to $940 million from the U.S. Army for production, system […]
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InternationalU.K. Ministry of Defense To Slash 25 Percent of Top Posts
U.K. Defense Secretary Philip Hammond yesterday said the Ministry of Defense will have a new structure as of April 2013 to make the ministry less top-heavy and save about $5.9 […]
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ArmyLockheed Martin Debuts Surveillance Radar Developed For MEADS Program
For the first time, Lockheed Martin [LMT] has put on public display its UHF Surveillance radar originally developed under the Medium Extended Air Defense System (MEADS) program. The UHF Surveillance […]
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InternationalCobham Supplying Advanced Radar IED Detectors To European Customers
U.K.-based Cobham plc yesterday said it has been awarded orders totaling more than $21.6 million during the second quarter of 2012 to supply European customers with hand-held Improvised Explosive Device […]
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InternationalGeneral Atomics Eyes International Market With Predator XP
POWAY, Calif.—General Atomics hopes to leverage its class of Predators on the international market by offering a version of the unmanned aerial vehicles without the wing hard points required for […]