Exelis announced today that a registration statement on Form 10 was filed with the US Securities and Exchange Commission (SEC) for the planned spinoff of its current Mission Systems business. The form filling has named "Exelis MSCO Inc
Astronics Corporation (ATRO) announced that it completed on February 28, 2014, the acquisition of all of the assets and liabilities of EADS North America's Test and Services division (EADS T&S). The acquisition cost approximately $53 million in cash plus a preliminary net working capital adjustment of $17 million
Russian Helicopters is continuing to modernize its production capacity under the Federal Targeted Programme Developing the Military Industrial Complex in the Russian Federation 2011-2020. In this latest phase of modernization, the Ulan-Ude Aviation Plant, a Russian Helicopters company, is launching a programme to re-tool and upgrade its production facilities
Northrop Grumman Australia announced that it has completed the acquisition of Qantas Defence Services, now called Northrop Grumman Integrated Defence Services Pty Limited (IDS). IDS will operate as a part of Northrop Grumman Australia and is strategically aligned with the Integrated Logistics and Modernization division of Northrop Grumman Technical Services
Alenia Aermacchis Board of Directors has appointed Giancarlo Grasso as the new Chairman, a responsibility he will exercise in coordination with the Chief Executive Officer. Giancarlo Grasso has succeeded Amedeo Caporaletti, and will be vested with the power to manage the companys business strategies
Rockwell Collins today announced that James ‘Jim Walker has been appointed as vice president and managing director of Asia Pacific. “Jim brings a unique combination of regional business acumen, geopolitical savvy and seasoned leadership experience to Rockwell Collins,” said Mahoney
Telephonics Corporation, a subsidiary of Griffon Corporation, launched their joint venture partnership, Mahindra Telephonics Integrated Systems, as the first private sector aerospace and electronics manufacturing facility in India. The facility represents an important milestone for Indias rapidly expanding private defense industry
Indias Defence Minister AK Antony today announced at Defexpo 2014 that there will be no more procurement until after April 2014. Addressing the media, he said that the Defence Procurement Procedures (DPP) is also being reviewed
India-based JK Organisation has acquired a majority stake in Deepti Electronics & Electro-Optics Pvt. Ltd
The Indian Defence Ministrys decision to ban 27 domestic and international firms from attending Defexpo 2014 has caused show organizers with the losses over $480,000. Due to the cancellation of bookings of Finmeccanica and its subsidiaries AgustaWestland, Selex, Oto Malera, Aleania Aermachhi and WASS in view of a pending CBI probe against them, has resulted in the loss, according to the Economic Times
MBDA, the ISAE-SUPAERO Foundation and the Institut Supérieur de lAéronautique et de lEspace (ISAE) have signed a sponsorship agreement setting up an Indian scholarship programme in France. Between 2014 and 2017, this programme will contribute towards the financing of 24 students and young aeronautical professionals from India, enabling them to undertake Masters studies at ISAE
The joint venture of Rheinmetall AG of Düsseldorf and Ferrostaal GmbH of Essen, Rheinmetall International Engineering GmbH, is now ready to take-off. Rheinmetall and Ferrostaal had announced the creation of the joint venture in September 2013, with each holding a 50% stake
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Sanctions-hit Iran has found ingenious ways to develop military hardware
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