International
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Business/FinancialSerco To Acquire U.S. Defense Contractor Whitney, Bradley & Brown
Britain’s Serco plc on Tuesday said its U.S. defense business has agreed to acquire Northern Virginia-based Whitney, Bradley & Brown (WBB) for $295 million in a deal that adds new […]
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InternationalState Department Approves $60 Million Sale To Jordan For F-16 Training Center
The State Department approved a possible $60 million Foreign Military Sale (FMS) to Jordan for an F-16 Air Combat Training Center and related equipment. The Defense Security Cooperation Agency (DSCA) […]
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InternationalBiden Announces Pentagon’s New China Task Force
President Joe Biden announced Wednesday the Pentagon has stood up a new China Task Force to assess the department’s force posture and technology needs for future competition with Beijing. Biden […]
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Navy/USMCRaytheon Wins $291 Million Contract For F-35 Engine Maintenance
Naval Air Systems Command awarded Raytheon Technologies [RTX] and its subsidiary Pratt & Whitney a $291 million contract F-35 Joint Strike Fighter Lot 12 engine maintenance support. The contract specifically […]
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Business/FinancialEaton To Acquire Cobham’s Mission Systems Business For $2.8 Billion
Eaton [ETN] on Monday said it has agreed to acquire the Mission Systems business of Britain’s Cobham for $2.8 billion, a deal it said boosts its defense business and adds […]
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InternationalGermany Reboots Heavy-Lift Helicopter Competition Between Sikorsky, Boeing
Germany has rebooted its competition to find a replacement for its CH-53G heavy-lift helicopters, with plans to solicit bids from original competitors Sikorsky [LMT] and Boeing [BA] via the U.S. […]
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InternationalBiden Admin Clarifies Support For Maintaining Ban On Huawei
The Biden administration on Wednesday indicated support for maintaining a ban on Chinese telecommunications firm Huawei, calling the company “a threat to the security of the U.S. and our allies.” […]
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ArmyRafael Demos Lightweight Version Of Spike Anti-Tank Missile For The Army
Israel’s Rafael held a live-fire demonstration of the lightweight version of its Spike anti-tank guided missile for the Army this month, the company said Thursday. Rafael said it received “positive […]
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InternationalBiden Administration To Pause And Review Foreign Arms Sales Approved By Trump
The Biden administration has directed the State Department to pause and review several ongoing weapons sales that were approved during the Trump presidency, to likely include the massive $23 billion […]
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Navy/USMCSweden Navy Chief Says Information Sharing Necessary For Gray Zone Threats
The chief of the Royal Swedish Navy said the threat of gray zone activity in Northern Europe waters shows the importance of presence at sea and information sharing within and […]
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