:

Business/Financial

Smiths Group Completes Acquisition Of Morpho Detection

By Cal Biesecker

Monday, April 17th, 2017

SHARE:

Smiths Group Completes Acquisition Of Morpho Detection

Smiths Detection CTX 9800 DSi explosives detection system. Photo: Smiths Detection

Britain’s Smiths Group earlier this month said it has completed its acquisition of Morpho Detection from France’s Safran Group.Smiths Group must still divest Morpho’s explosive trace detection business, which both European and U.S. required as a condition for approving the $710 million deal that was first announced in April 2016.Smiths Group’s Smiths Detection business already has an ETD product line. The three main competitors worldwide for ETD units are Smiths, Morpho and L3 Technologies [LLL]. China’s NucTec also sells the…

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]