International
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InternationalNew Somali Pirate ‘Mothership’ Strategy Concerns NAVCENT
A new tactic adopted by Somali pirates based off the coast of Africa, designed to extend the range and mobility of their operations is causing concern among U.S. naval forces […]
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International
NATO Achieves First Step In TBMD Capability
On Jan. 27, NATO’s first ever theatre ballistic missile defense (TBMD) capability was been handed over to NATO’s military commanders, officials said. The handover took place at the NATO Combined […]
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Business/FinancialBAE To Acquire Provider of Electronic Imaging Systems
BAE Systems yesterday said that it has agreed to acquire Fairchild Imaging, Inc., a developer and manufacturer of solid-state electronic imaging components, cameras and systems, for $86 million in cash. […]
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International
Raytheon To Sell Paveway Munitions To Saudi Arabia
Raytheon [RTN] said it signed a contract worth $475 million with the Kingdom of Saudi Arabia for the combat-proven Paveway family of precision-guided munitions. Raytheon’s Paveway is a kit that […]
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International
Bell Awarded $647 Million To Support Canadian Forces Griffon Fleet
Bell Helicopter Textron [TXT] said it has been awarded a 10-year, $647 million support services contract for the Canadian Forces CH146 Griffon helicopter fleet. This contract, known as the CH146 […]
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International
Saab Plans To Expand U.S. Presence
Through a combination of organic growth, direct sales, partnering and acquisitions, Sweden’s Saab plans to significantly expand its presence in the United States, capitalizing on the world’s largest market for […]
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International
Meggitt To Acquire Danaher’s Aerospace Business For $685 Million
Britain’s Meggitt Plc has agreed to acquire Danaher Corp.‘s [DHR] Pacific Scientific Aerospace business for $685 million, boosting its presence in key commercial aerospace programs and on defense programs. Pacific […]
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International
General Dynamics Awarded Contracts To Upgrade Saudi Arabian Tanks
General Dynamics [GD] recently said it recently was awarded two contracts worth $44 million for Saudi Arabia’s tank program. The contracts, awarded by the U.S. Army TACOM Lifecycle Management Command […]
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International
Cobham Acquires German Firm That Makes Bomb Disposal Robots
Britain’s Cobham plc recently said it has acquired Germany’s Telerob GmbH, a privately-owned manufacturer of bomb disposal robots and threat response vehicles, for $105 million cash. The ground robots are […]
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International
Air Force Expands GPS Coverage By Repositioning Satellites
The 50th Space Wing at Schriever AFB, Colo., has completed the first of a two-phase Global Positioning System (GPS) constellation expansion known as “Expandable-24,” the wing said yesterday. When fully […]