European missile company MBDA on Thursday said it has agreed to acquire Airbus Group’s ground vehicle and missile simulation business. Terms of the deal were not disclosed. GDI Simulation is based in France and develops, integrates and maintains simulation systems for ground vehicles and MDA ...

The top Senate and House Armed Services Committee leaders are both determined to reaching an agreement for the fiscal year 2020 National Defense Authorization Act (NDAA) by Nov. 22, even as major disagreements remain on the table. HASC Chairman Adam Smith (D-Wash.) and SASC Chairman Jim Inhofe ...

ST. LOUIS—Boeing [BA] continues to buy down risk and get through key development milestones with the Air Force’s new T-7A pilot training system and the company and its teammate Saab are aiming to start production of the first test aircraft later in 2020 under the development contract, Boeing ...

The sale of five Embraer KC-390s to Portugal is to bring Embraer about $1 billion in revenue, the company said in a 2019 third quarter earnings call on Nov. 12. “This contract will amount to approximately $1 billion and will be included in our backlog in the fourth quarter,” Nelson ...

The U.S. Government Accountability Office (GAO) dinged the National Nuclear Security Administration recently for not providing 10 years’ worth of cost forecasts in an annual report to Congress on defense nuclear spending. The semiautonomous Department of Energy agency by law must write a ...

AECOM [ACM], the international infrastructure company that is preparing its exit from contracting for the U.S. Energy Department, on Tuesday reported record annual revenue of almost $20.2 billion for fiscal 2019. The annual revenue is up 2% from $20.15 billion in fiscal 2018, according to AECOM. ...