International
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International
BAE SYSTEMS Selling Electronic Warfare Unit To Cobham
BAE SYSTEMS last month said it has agreed to sell its Pennsylvania-based Surveillance and Attack business to Cobham plc, for $240 million in cash as it de- emphasizes its role […]
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International
QinetiQ Moves Into Australian Defense Market Through Two Acquisitions
Britain’s QinetiQ this week said it has agreed to acquire two Australian defence consulting firms for $17.7 million in cash, marking the company’s first investment in that country as part […]
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International
BAE SYSTEMS Acquiring Services Provider MTC Technologies
Britain’s BAE SYSTEMS last month said it has agreed to acquire MTC Technologies, Inc., [MTCT] in a $450 million deal that gives it access to new customers in the Defense […]
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Business/Financial
QinetiQ Moves Into Australian Defense Market Through Two Acquisitions
Britain’s QinetiQ yesterday said it has agreed to acquire two Australian defence consulting firms for $17.7 million in cash, marking the company’s first investment in that country as part of […]
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Business/Financial
United Kingdom Requests 170 MRAP Vehicles
The Defense Security Cooperation Agency (DSCA) Dec. 17 notified Congress of a possible $147 million Foreign Military Sale to the United Kingdom of Mine Resistant Ambush Protected (MRAP) vehicles as […]
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Business/Financial
DoD Report Finds Little Reliance On Foreign Sources of Supply
The Pentagon continues to award the overwhelming preponderance of its prime contracts, both in percentage and dollar terms, to domestic contractors, according to the latest report on the subject by […]
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International
Japanese Aegis Destroyer Wins Test By Killing Target Missile With SM-3 Interceptor
The Japanese destroyer Kongo this week employed its Aegis weapon control system to guide a Standard Missile-3 to destroy a U.S. target missile. It was the first time that an […]
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Homeland Security
Singapore Signed Up Under U.S. Secure Freight Initiative
The United States and Singapore have agreed to cooperate on the Secure Freight Initiative, which is a Department of Homeland Security led effort at select foreign ports to scan U.S.-bound […]
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Business/Financial
Lockheed Martin To Provide AN/TPS-77 Radar To Latvia
Lockheed Martin [LMT] recently said it received a contract valued at $44 million from the Latvian National Armed Forces for two long-range AN/TPS-77 transportable air surveillance radar systems and options […]
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Business/Financial
Morocco Spending $2.6 Billion For Aircraft, Equipment
Morocco is looking to spend upward of $2.4 billion for 24 F-16C/D Block 50/52 aircraft as well as associated equipment and services, according to the Defense Security Cooperation Agency (DSCA). […]