International
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International
QinetiQ Moves Into Australian Defense Market Through Two Acquisitions
Britain’s QinetiQ recently said it has agreed to acquire two Australian defence consulting firms for $17.7 million in cash, marking the company’s first investment in that country as part of […]
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International
L-1 To Acquire Biometric Access Control Firm Bioscrypt
L-1 Identity Solutions [ID] recently said it as agreed to acquire Bioscrypt Inc., a Canadian-based firm specializing in biometric access control primarily for commercial customers, for about $44 million in […]
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International
Kuwait Spending $328 Million To Replenish TOW-2 Missile Stock
Kuwait is looking to spend $328 million for a possible sale of 2,106 TOW-2A Radio Frequency missiles, as well as associated equipment and services, according to the Defense Security Cooperation […]
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International
ATK Moves To Become Full Spectrum Space Company With MDA Purchase
Alliant Techsystems [ATK] recently said it has agreed to acquire the space and related information systems business of Canada’s MacDonald Dettwiler and Associates (MDA) in a $1.3 billion cash deal […]
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International
Austal USA Awarded $33 Million For Hurricane Katrina Repairs
The Navy last month awarded Austal USA a firm-fixed-price contract for $33.7 million, the last of six contracts for infrastructure improvements to Gulf Coast shipyards in the aftermath of Hurricane […]
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Business/Financial
Business Coalition Backs GAO Report On Need For Export Control Reforms
The Coalition for Security and Competitiveness, a consortium of business groups lobbying the administration on export issues, recently hailed a recent government report taking the nation’s arms export process to […]
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International
U.K. Spending $1 Billion For 10 Reaper UAVs
The United Kingdom is looking to spend upward of $1.07 billion for the sale of 10 General Atomics Aeronautical Systems (GA-ASI)-built Reaper Unmanned Aerial Vehicle (UAV) aircraft as well as […]
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International
Chilean Air Force Selects Bell 412 Helicopter
Bell Helicopter Textron [TXT] said it recently hosted a high ranking delegation from the Chilean Air Force (FACH) for a contract signing ceremony in which Gen. Julio Escobar committed the […]
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International
China Overtakes U.S. Industrial Output, Powering A Huge Military Buildup
Report Says China Moving To Superpower Role As It Spends Almost 4 Percent Of GDP On Arms Chinese Industrial Output To Be 50 Percent Greater Than U.S. Production In Five […]
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International
China Has Far More Missiles Targeting Taiwan Than Earlier Estimated
China has almost half again more missiles aimed toward Taiwan than previously estimated, Taiwanese President Chen Shui-bian said, The China Post reported. Chen condemned the threatening Chinese missile buildup, stating […]