International
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Business/FinancialContracts
Lockheed Martin Wins $1.463 Billion Air Force GPS III Contract The Air Force as expected gave Lockheed Martin Corp. [LMT] the coveted GPS III next-generation military-civilian navigation-satellites contract, the Department […]
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InternationalWorking Group Examining Export Control Changes For Satellite Industry
An aerospace working group wants some satellite components exempted from U.S. export control restrictions, a change its leader says would benefit national security. The group plans to compare U.S. commercial […]
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InternationalNew NATO Group To Spend $700 Million On Globemasters
A new NATO Airlift Management Organization (NAMO) is looking to spend upward of $700 million for C-17 Globemaster III Aircraft as well as associated equipment and services, the Defense Security […]
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InternationalG4S Completes Acquisition of ArmorGroup International plc
G4S plc, the world’s leading international security solutions group, announced May 7 it completed its approximately $85 million acquisition of ArmorGroup International plc. “ArmorGroup is highly complementary to our existing […]
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InternationalU.S. Lawmakers Urge Putting Radar In Israel, To Be Tied In With European Missile Defense
Scores of lawmakers in Congress have asked President Bush to deploy a U.S. missile defense radar in Israel that would be linked to a planned American missile defense system protecting […]
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InternationalCanada Says No To ATK’s Purchase of MDA
The Canadian government on Friday rejected Alliant Techsystems‘ [ATK] proposed acquisition of MacDonald, Dettwiler and Associates‘ (MDA) space business saying the deal demonstrated no net benefit to Canada. “I have […]
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InternationalNorthrop Grumman Expands Middle East Presence
Northrop Grumman [NOC] said last week it is expanding its presence in the Middle East region with the opening of a new office in Riyadh, Saudi Arabia. “Saudi Arabia represents […]
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InternationalDRS Confirms Interest In Sale
DRS Technologies [DRS] recently said it is in discussions regarding a “potential strategic transaction” for the company following a report in the Wall Street Journal that Italian aerospace and defense […]
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InternationalGeneral Dynamics Wins U.K. MoD FRES Utility Design Work
The United Kingdom Ministry of Defence (MoD) has selected General Dynamics [GD] U.K. subsidiary as the provisionally preferred bidder for the Utility Vehicle Design (UVD) for the Future Rapid Effect […]
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InternationalNew Philippine Army Chief Vows A Professional, Capable, Responsive Army
Lt. Gen. Victor Ibrado became the 50th commanding general of the Philippine army May 14, vowing the vision of a professional, capable and responsive army for peace and development and […]