International
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Business/FinancialEaton Closes $2.8 Billion Deal For Cobham Mission Systems
Eaton [ETN] on Tuesday said it has completed its $2.8 billion acquisition of Cobham Mission Systems from the private equity firm Advent International, expanding its defense business and its offerings […]
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Navy/USMCLockheed Martin Completes Flight Test Integrating Sniper Pods On Kuwait Super Hornets
Lockheed Martin [LMT] and the U.S. Navy completed the first flight integrating the Sniper Advanced Targeting Pods (ATPs) with the Kuwait Air Force F/A-18E/F Super Hornets, the company said May […]
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Navy/USMCNATO Starts Steadfast Defender Exercise With First Deployment of UK Carrier
The NATO maritime live exercise (LIVEX) Steadfast Defender 2021 began off the coast of Portugal on May 20, featuring the first deployment of the United Kingdom’s newest aircraft carrier. The […]
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Homeland SecurityBiden Says U.S. Coast Guard Will Take On More Global Missions; Highlights Indo-Pacific Region
Challenges to global maritime norms will lead the U.S. to rely more on the U.S. Coast Guard to ensure freedom of navigation, protect the flow of commerce and fisheries, work […]
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InternationalNATO Starts Formidable Shield 2021 Air and Missile Defense Exercise
Naval forces from several NATO members began the Exercise At-Sea Demo/Formidable Shield 21 live-fire integrated air and missile defense (IAMD) exercise off the west coast of Scotland on May 15. […]
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InternationalSweden Receives First PAC-3 MSE Interceptors
Lockheed Martin [LMT] delivered an initial order of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles to Sweden in April, the company said May 10. The State Department originally […]
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Navy/USMCState Department Approves $1.7 Billion Aegis Sale To Canada
The State Department on Monday approved a potential $1.7 billion Foreign Military Sale (FMS) of the Aegis Combat System (ACS) to Canada for use in its new Canadian Surface Combatant […]
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InternationalRheinmetall Unveils New HX3 Tactical Truck
Germany’s Rheinmetall on Thursday unveiled its newest tactical truck, the HX3, which has capacity for autonomous driving and is able to carry advanced artillery systems. Alexander Westermann, the company’s vice […]
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Business/FinancialAeroVironment Closes Deal For Telerob, Awaits Air Force Decision On EOD Robotic Program
AeroVironment [AVAV] on Tuesday said it closed its $45.4 million acquisition of German unmanned ground vehicles (UGV) developer and manufacturer Telerob, adding another dimension to its portfolio of robotic systems. […]
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InternationalBAE Systems Signs $200 Million Deal With Sweden For 127 More BvS10s
BAE Systems announced Monday the company has signed a $200 million deal with Sweden to deliver 127 more BvS10 all-terrain vehicles. The company said deliveries of the vehicles, which will […]