Business/Financial
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Business/FinancialLockheed Martin Bolsters F-35 Management, Makes Other Executive Moves
Lockheed Martin [LMT] yesterday confirmed that it is moving the head of its Mission Systems and Sensors (MS) business unit to help with the high level management of its F-35 […]
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Business/Financial
TASC Forms Naval Programs Unit To Be Led By Former Admiral
TASC, Inc., yesterday said it has formed a new Naval Programs unit to better support its Navy customers and that the business will be led by Thomas Kilcline, a retired […]
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Air ForceDytecna Ltd. Divests Australia Interest
U.K.-based Dytecna Ltd has made the decision to divest its interest in Dytecna Asia Pacific Pty Ltd in Melbourne, Australia, effective immediately. Systems engineering firm Dytecna said it invested more […]
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Air Force
Northrop Grumman, SELEX Galileo Sign MoU to Pursue DIRCM Market
Northrop Grumman [NOC] and Finmeccanica’s SELEX Galileo said they have signed a memorandum of understanding (MoU) to jointly pursue the international directional infrared countermeasures (DIRCM) market. Capitalizing on their unique […]
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ArmyLockheed Martin JLTV Program Utilizes Past Lessons For Future EMD Program
Lockheed Martin’s [LMT] prototype next-generation Joint Light Tactical Vehicles (JLTV) have been driven thousands of miles, braked hard, blown up, and slung below a helicopter during a Technology Development (TD) […]
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Air Force
EADS, Turkish Aerospace Industries Sign MoU For Potential Cooperation
European Aeronautic Defence and Space Co. (EADS) and its divisions Cassidian and Astrium in Germany, Spain, France and the United Kingdom yesterday signed a Memorandum of Understanding (MoU)with Turkish Aerospace […]
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Business/Financial
Admiralty Partners Acquires Canadian Firm Serving DoD
The private equity firm Admiralty Partners has acquired GMA Cover Corp., a small Canada-based firm that provides concealment products, aerial delivery, flexible fuel and water storage, vehicle soft-top systems and […]
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Business/Financial
Bell To Sell Stake In Commercial Tiltrotor Effort To AgustaWestland
Bell Helicopter [TXT] yesterday said it has agreed to sell its stake in a commercial tiltrotor aircraft project to its partner AgustaWestland to free up resources to boost its investment […]
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Business/Financial
Precision Castparts To Acquire Small Steel Pipe Business From Rockwell Collins
Precision Castparts Corp. [PCP] yesterday said it has agreed to acquire a small business unit from Rockwell Collins [COL] that makes seamless alloy and stainless steel pipes for the energy […]
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Business/Financial
Aerojet, QinetiQ, EADS Astrium Crisa To Supply Ion Propulsion System For Spacecraft
Aerojet [GY] QinetiQ, and European Aerospace Defence and Space Co.’s (EADS) Astrium Crisa, said they have entered a joint agreement to supply the XENITH(TM) (Xenon Ion Thruster) ion propulsion system […]