Curtiss-Wright Corp. [CW] last Friday said it has agreed to acquire Safran Aerosystems Arresting Company (SAA) for $240 million in cash, giving it a new product line and expanding its international business. SAA, which is part of France’s Safran Group, is based in Pennsylvania and had about $70 ...
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Rocket Lab USA [RKLB] this week said it has completed its $80 million cash acquisition of SolAero Holdings in a deal that adds scalable solar space power products to its portfolio, fitting with its strategy to be a vertically integrated provider of space solutions. Rocket Lab, which is based in ...
The National Reconnaissance Office (NRO) has awarded five commercial radar contracts to Airbus‘ U.S. division; San Francisco-based Capella Space; Finland-based ICEYE’s U.S. division; Florida-based PredaSAR Corp.; and Santa Barbara-based Umbra Lab Inc.., the agency said on Jan. 20. The ...
Last week a Navy official said an ongoing study on the future amphibious ship force structure is due to be complete in March. The study “will evaluate what our requirement and the way of quantities for amphibs will be going forward into the future,” Capt. Cedric McNeal, program manager for the ...
The chairwoman of a House panel that oversees federal contracting on Wednesday released a draft bill aimed at enabling federal contracting officers to require cost information from contractors when necessary to help determine whether prices submitted for contracts are fair and reasonable, ...
Air Force Secretary Frank Kendall warned on Jan. 19 against the United States mirror imaging Chinese hypersonic weapon efforts. In a Center for a New American Security (CNAS) virtual forum, Kendall suggested that the Chinese effort to field hypersonic weapons is understandable given that country& ...