International
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InternationalL3Harris Sees Foreign Military Sales Potential for F-16 EW Suite
L3Harris [LHX] said on March 22 that it is looking for Foreign Military Sales (FMS) of the company’s Viper Shield advanced electronic warfare suite for Lockheed Martin [LMT] F-16 fighter […]
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Business/FinancialSingapore’s ST Engineering Attempting To Outbid Veritas, Evergreen For Cubic
Cubic Corp. [CUB] on Monday said it has received an unsolicited acquisition offer from Singapore’s ST Engineering (STE) priced at $76 per share, a proposal the company says would be […]
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InternationalState Department Approves Four European Weapons Sales
The State Department on March 16 approved four Foreign Military Sales (FMSs) to the Netherlands, North Macedonia and Norway worth $561 million total. The Defense Security Cooperation Agency (DSCA) notified […]
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InternationalState Department Approves $2 Billion Sale Of Five P-8A Poseidons To Germany
The State Department approved a possible Foreign Military Sale (FMS) of five P-8A Poseidon patrol aircraft to Germany for $1.77 billion. The Defense Security Cooperation Agency (DSCA) notified Congress of […]
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Business/FinancialPCX Aerosystems To Acquire Component Manufacturer Senior Aerospace Connecticut
PCX Aerosystems on Monday said it has agreed to acquire Senor Aerospace Connecticut, a manufacturer of metallic components for rotorcraft and turbine engines. Senior Aerospace Connecticut, a U.S. subsidiary of […]
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InternationalRoyal Australian Air Force and Boeing Herald First Flight of Loyal Wingman
Boeing [BA] and the Royal Australian Air Force (RAAF) conducted the first flight test of the company’s Loyal Wingman prototype drone on Feb. 27 in Australia, the company said on […]
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InternationalPentagon Announces New $125 Military Aid Package With Ukraine, Includes Patrol Boats
The Pentagon on Monday announced a new $125 million military aid package with Ukraine, which will include delivery of additional patrol boats and counter-artillery radars. The package, funded through the […]
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InternationalIsrael Selects Sikorsky’s CH-53K Over Boeing’s CH-47 For Future Heavy-Lift Platform
Sikorsky’s [LMT] CH-53K King Stallion has been selected as Israel’s future heavy-lift helicopter, beating out Boeing’s [BA] CH-47 Chinook offering. The CH-53K will replace Israel’s fleet of Yassur heavy-lift aircraft, […]
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Business/FinancialCAE, RENK To Acquire L3Harris Military Training, Engine Businesses In Deals Worth $1.5 Billion
L3Harris Technologies [LHX] on Monday said it has agreed to sell its Military Training business and Combat Propulsion Systems business to Canada’s CAE and Germany’s RENK AG, respectively, for a […]
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InternationalMDA Demos Japanese Aegis Software on SPY-7 Radar
The U.S. Missile Defense Agency (MDA) and Japan are developing the capability for Japan to use the SPY-7 missile defense radar on an Aegis-capable ship after the country canceled plans […]
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