Britain’s MB Aerospace on Monday said it has acquired Connecticut-based Delta Industries, a manufacturer of engine components for the aerospace and defense industries, expanding its capabilities in aero engines as a supplier to engine manufacturers. Terms of the deal were not disclosed. Combined with Delta, which had more than $60 million in sales last year, MB Aerospace will have more than $160 million in sales and 550 employees, up from 370. In the United States, MB Aerospace’s employee count is…
Recommended
Blue Water Autonomy Announces Power, Propulsion, Manufacturing Partners
Anduril Raises $5 Billion In New Round; Company Valuation At $61 Billion
Trending
Congress Updates
Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement
A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]
CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones
U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]
Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement
Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]
Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage
The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]