International
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International
Dytechna, Hobson Industries Sign Strategic Alliance
Dytecna Ltd. and Hobson Industries Ltd. July 1 signed a strategic alliance to target certain future business opportunities. The agreement was signed by managing directors John Fulford of Dytecna and […]
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International
General Dynamics Prepares To Define Canadian LAV III Upgrades
General Dynamics [GD] Land Systems-Canada (GDLS-C) was awarded a $34.4 million contract for the Light Armored Vehicle (LAV) III Upgrade project. The work entails engineering and design work for the […]
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International
U.K. MoD Unveils Prototype of Future Unmanned Combat Aircraft
The U.K. Ministry of Defence recently officially took the wraps off a prototype unmanned combat aircraft of the future. Called Taranis, after the Celtic god of thunder, the concept demonstrator […]
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International
Australia Requests $2 Billion In Seahawk Helicopter Foreign Military Sales
Australia would spend approximately $2.1 billion to buy MH-60R Seahawk helicopters and associated equipment, the Defense Security Cooperation Agency (DSCA) notified Congress July 7. The prime contractors would be Sikorsky […]
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Business/Financial
Monument Capital Group In Distribution, Equity Agreement With Vortex
Vortex Systems LLC, the principal supplier of unattended ground sensors (UGS) to the U.S. Border Patrol, has signed an international distribution and equity acquisition agreement with Monument Capital Group LLC […]
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Business/Financial
Satellite Firms Should See Growth As Need For Imagery Mounts, Official Says
By Geoff Fein Even with the concern over dwindling defense budgets and the high cost of putting satellites into orbit, the director of the National Geospatial-Intelligence Agency (NGA) sees the […]
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Business/Financial
BAE Completes Acquisition of Atlantic Marine
BAE Systems yesterday said it has completed its acquisition of four shipyards of Atlantic Marine from the private equity firm J.F. Lehman & Co. for $352 million in cash. The […]
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Homeland Security
U.S., Canada Reach Cooperative Agreements On Security, Trade
Homeland Security Secretary Janet Napolitano and Canada’s Public Safety Minister Vic Toews reached several agreements yesterday, including a first-ever plan to establish a comprehensive cross-border approach to critical infrastructure resilience. […]
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Business/Financial
Boeing Says Narus Acquisition Provides International Cyber Presence
By Calvin Biesecker Boeing‘s [BA] pending acquisition of cybersecurity software firm Narus, which is based in California but has regional offices around the world, will give it a global presence […]
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International
Boeing Sees Foreign Arms Sales Balancing Pentagon Spending Slowdown
Boeing [BA] executives said they hope to grow their international military sales as Pentagon spending is set to slow dramatically in the coming years. “We see a definite counterbalance in […]