India, in the past couple of months, has closed at least two high-profile cases involving bribery and corruption in its defense dealings thus lifting a moratorium placed on several firms over the past decade. One is the long-running investigation into the allegation that the Israeli Aerospace Industries paid kickbacks to Indian...
Beechcraft Corporation announced today that Textron Inc. has agreed to acquire its parent, Beech Holdings, LLC
The United States Air Force today signed a Memorandum of Understanding (MoU) with GSA, securing its use of GSA's One Acquisition Solution for Integrated Services (OASIS) and OASIS Small Business contracts for procurement of complex professional services. OASIS is a first-of-its kind contract that will provide the government with a total...
Cisco and Finmeccanica today announced a new global partner agreement that will combine their complementary technology strengths in the defense and civil industries to create innovative products and systems for the global marketplace. Building on a long-standing and successful relationship between the two companies, the expanded, collaborative alliance combines Finmeccanicas industry...
Rockwell Collins today announced that Robert J. Perna, has been appointed senior vice president and general counsel for the company, effective Jan
Lockheed Martin has elected Marillyn A. Hewson as a Chairman of the Board, in addition to her responsibilities as President and Chief Executive Officer, effective from Jan
Northrop Grumman has announced the appointment of Walid Abukhaled as chief executive Saudi Arabia, effective Jan. 1, 2014
Exelis today announced a plan to spin-off its military and government services business, currently called Exelis Mission Systems, into an independent public company. This business is currently part of the company's Information and Technical Services segment
EADS today presented a restructuring plan for its future Airbus Defence and Space Division to the European Works Council. This presentation follows a decision by the EADS Board of Directors in July this year to consolidate the defence and space businesses of the Group into one new Division and to rebrand EADS into “Airbus Group”
The Défense Conseil Internationals (DCI) board of directors have announced the appointment of Jean-Michel Palagos as Chief Executive Officer. He is succeeding admiral François Dupont, who has reached the statutory age limit and who has been thanked by the board of directors for his actions at the head of the company
EADS is set to announce a draconian restructuring plan on Monday that may include thousands of job cuts and strain relations with shareholders Germany and France. In the line of fire is the company's defence and space operations, both suffering a drop in orders that the company says requires urgent attention
Russias defense ministry plans to create its own news agency next year, a ministry official was quoted as saying by RIA Novosti. The agency will focus mainly on military news but will also address social and political issues, plus high-profile events in Russia and around the world