RUAG Defence division is acquiring the British Cyber Security specialist 'Clearswift' for expansion and long-term development of its cyber security business. Clearswift's products will be a significant addition to the RUAG Defence Cyber Security business unit
Rockwell Collins will acquire B/E Aerospace for approximately $6.4 billion in cash and stock, plus the assumption of $1
Indias ABG shipyard is likely to sell a stake to a Russian firm to inject finances into the loss-making firm. The Mumbai based naval shipbuilder has confirmed that it engaged with a Russian firm to sell a stake to improve the companys financial strength but it did not reveal which Russian firm as discussion is going on,
Saab has acquired Denmarks Nordic Defence Industries (NDI) that manufactures mine disposal charge systems for the naval defense industry. “With the acquisition, our regional footprint will be strengthened as well as our role as a global supplier of Mine Counter Measure solutions,” said Görgen Johansson, head of business area Dynamics in a statement Tuesday
Rostec Corporation is planning to sell a stake in its rotorcraft designer and manufacturer Russian Helicopters to the Mubadala foundation of Abu Dhabi. Officials from Rostec and Mubadala foundation are currently in talks to sell the stake, head of Rostec Sergey Chemezov told TASS today
Boeing has said it would take a close look at the proposed merger of Honeywell and United Technologies. “Healthy competition in our supply chain is vitally important to Boeing and our commercial and military customers,” the company said in a statement
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