International
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InternationalSaab Surface-To-Surface Missiles Ordered For Diehl BGT
Swedish defense and security company Saab [SAABB] yesterday said it received an approximately $25 million order, with options valued at $12.3 million, from its German partner Diehl BGT for the […]
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Business/FinancialPwC Says Global M&A Activity In Aerospace And Defense Remains Slow
The pace of mergers and acquisition (M&A) activity in the global aerospace and defense sector remained slow through the first half of 2012 and is the lowest in more than […]
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Business/FinancialBoeing First To Commit To Long Term Business Effort In United Kingdom
Boeing [BA] is the first to sign on to a new policy encouraging overseas-based companies to make a firm, long-term commitment to continue business activities in the United Kingdom, the […]
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Business/FinancialL-3 Completes Deal For Thales Civil Aircraft Simulation Business
L-3 Communications [LLL] yesterday said it has completed its purchase of the civil aircraft training and simulation business from France’s Thales for about $130 million in cash. The new L-3 […]
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Business/FinancialSaab Agrees To Acquire Air, Vessel Traffic Management Firm HITT
Sweden’s Saab AB this week said it has agreed to acquire the Dutch firm HITT N.V. for $38.4 million in line with the company’s strategy to be a global leader […]
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InternationalFrench Air Force General To Become New Commander of NATO ACT
French Air Force Gen. Jean-Paul Paloméros has been approved by the North Atlantic Council as the next as Supreme Allied Commander Transformation. Paloméros, nominated by French President Francois Hollande, is […]
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Air ForceBAE Systems Tops Lockheed Martin For South Korea’s F-16 Avionics Upgrade Effort
BAE Systems beat out Lockheed Martin [LMT] on South Korea’s program to upgrade the avionics and electronic systems on its F-16 fleet. BAE Systems said yesterday South Korea will deliver […]
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ArmySaab To Provide Radio Systems For Army Training
Saab Training USA said it received a $14.4 million order from the U.S. Army for radio systems for communications for live training. The company received an order for three exercised […]
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Business/FinancialMBDA Delivers Missile Threat Simulation To Germany Technology Office
MBDA Germany yesterday said it has supplied a missile threat simulation tool to the German Federal Office of Defense Technology and Procurement (BWB). This system allows simulation of all types […]
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InternationalFirst Navy Officer Nominated To Lead Missile Defense Agency
President Obama has nominated a new Director for the Missile Defense Agency (MDA), Navy Rear Adm. (lower half) James Syring, who also would be appointed to the rank of vice […]