International
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Business/FinancialDeYoung Looks To Sharpen ATK’s Focus On Organic, International Growth
By Calvin Biesecker Despite pressure on defense spending in the United States and abroad, ATK‘s [ATK] new chief believes his company has plenty of opportunities to improve its market position […]
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Homeland Security
National Guard To Deploy Along Southwest Border Aug. 1
By Calvin Biesecker In an effort to bolster border security, the Obama administration on Monday said that 1,200 National Guard troops would be deployed to the country’s southwest border beginning […]
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Business/Financial
Canada Commits $8.5 Billion For 65 Lockheed Martin F-35s
Canada has committed approximately $8.5 billion for the acquisition of 65 Lockheed Martin [LMT] F-35 Lightning II Joint Strike Fighters (JSF) as the country looks to replace its fleet of […]
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InternationalDytechna, 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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International
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 recently, including a first-ever plan to establish a comprehensive cross-border approach to critical infrastructure resilience. […]
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International
BAE Completes Acquisition of Atlantic Marine
BAE Systems recently 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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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 […]