Aerospace Group:

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…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]