International
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Business/FinancialSafran To Acquire Actuation And Flight Control Business Of Collins Aerospace
France’s Safran Group last Friday said it has agreed to acquire the actuation and flight controls business of Collins Aerospace, an operating segment of RTX [RTX], for $1.8 billion in […]
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InternationalState Department OKs Potential $2.9 Billion Deal With Germany For Nearly 1,000 AMRAAM Missiles
The State Department has approved a potential $2.9 billion deal with Germany for the sale of nearly 1,000 AIM-120C-8 Advanced Medium-Range Air-to-Air Missiles (AMRAAM). The Defense Security Cooperation Agency (DSCA) […]
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InternationalU.S. OKs New $1.3 Billion Weapons Aid Package For Ukraine With NASAMS, Drones, Munitions
The U.S. has approved a new $1.3 billion weapons aid package for Ukraine, with the latest deal including plans to provide air defense systems as well as more drones and […]
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InternationalAfter G-7 Declaration, Austin Sees More Bilateral Agreements Coming To Further Ukraine Support
After G-7 leaders affirmed long-term support for Ukraine in a recent joint declaration, Defense Secretary Lloyd Austin said Tuesday he expects there will be more international partners establishing bilateral agreements […]
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InternationalNorway To Supply Ukraine With 1,000 More Teledyne FLIR Black Hornet Nano Drones
Norway has placed an order for 1,000 of Teledyne FLIR’s [TDY] Black Hornet 3 nano drones, which the country will transfer to Ukraine in support of its fight against Russia’s […]
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CongressHouse NDAA Debate Moves To ‘Extreme’ GOP Amendments, Calls To Cut Ukraine Aid
The House picked up consideration of the fiscal year 2024 National Defense Authorization on Thursday debating more contentious Republican-led measures, to include provisions aimed at cutting the U.S.’ security assistance […]
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InternationalG-7 Countries Commit To Long-Term Security Assistance For Ukraine
Leading industrial nations on Tuesday declared a long-term commitment to the security of Ukraine to included continued defense, economic and financial support, following a two-day NATO summit that included an […]
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Business/FinancialThales To Acquire Cobham Aerospace Communications For $1 Billion
France’s Thales Group on Wednesday said it has agreed to acquire Cobham Aerospace Communications from Britain’s Cobham for $1.1 billion in a deal that strengthens its avionics portfolio. The transaction […]
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InternationalNNSA Leaders Meet at ‘Frontline’ of Nuclear Smuggling
National Nuclear Security Administration Administrator (NNSA) Jill Hruby and nonproliferation lead Corey Hinderstein visited Georgia in June, a nation the agency says is on the frontlines of nuclear-materials smuggling. The […]
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InternationalU.S. Providing Cluster Munitions To Ukraine With New $800 Million Weapons Aid Package
The U.S. will provide Ukraine with cluster munitions as part of a new $800 million weapons aid package announced last Friday. Officials said the dual-purpose improved conventional munitions (DPICM) will […]