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Elbit Systems Buys BAE’s Rokar GPS Solutions Business

April 2, 2021 @ 06:19 AM

Elbit Systems said on Thursday that it has acquired BAE Systems Rokar for $31 million. Rokar International Ltd

Russian UAC, Sukhoi, MiG to Merge Aircraft Design, Program Management

March 19, 2021 @ 11:15 AM

Rostec State Corporation (Rostec) will unite United Aircraft Corporation (UAC) UAC, Sukhoi and MiG companies into a single corporate aircraft manufacturing center, which will consolidate the management of aircraft programs and other UAC assets. The UAC Corporate Aircraft Center, where Sukhoi and MiG will join, will consolidate the functions of...

CAE to Acquire L3Harris Technologies' Military Training Business for $1B

March 1, 2021 @ 02:26 PM

CAE today announced it will acquire L3Harris Technologies' Military Training business for $1.05 billion

AeroVironment Acquires Artificial Intelligence Specialist, Intelligent Systems Group for $30M

February 26, 2021 @ 08:17 AM

AeroVironment said it acquired Progeny Systems Corporations Intelligent Systems Group (ISG) for $30 million earlier this week. Under the terms of the transaction, AeroVironment acquired ISG for $30 million in cash and an earnout for Progeny Systems Corporation of up to $6 million over three years, based on the achievement of...

Chinese Investors Seek $3.6 Billion Compensation from Ukrainian Moto Sich

February 19, 2021 @ 07:45 AM

Chinese investors of Ukraines Motor Sich have increased the amount of arbitration lawsuit against Ukraine by $100 million, taking the total figure to $3.6 billion

Huntington Ingalls Acquires Autonomy Business of Spatial Integrated Systems

January 4, 2021 @ 02:37 PM

Huntington Ingalls Industries (HII) announced today that it has acquired the autonomy business of Spatial Integrated Systems Inc. (SIS)

Lockheed Martin to acquire Aerojet Rocketdyne for $4.4B in 2021

December 21, 2020 @ 05:31 AM

Lockheed Martin said today it plans to acquire Aerojet Rocketdyne for $4.4 billion next year

General Atomics Acquires Guidestar Optical Systems

October 29, 2020 @ 06:29 AM

General Atomics announced today that it has completed the acquisition of the business of Guidestar Optical Systems. The business will be integrated into the General Atomics Electromagnetic Systems (GA-EMS) group

Israel Aerospace Acquires 50% of BlueBird Aero Systems

September 24, 2020 @ 03:01 PM

Israel Aerospace Industries (IAI) signed today an

Mil Moscow, Kamov Merge to Build Electric and Unmanned Helicopters

August 27, 2020 @ 07:08 AM

Russias Mil Moscow Helicopter Plant and Kamov have merged to form a joint venture- National Center for Helicopter Engineering (NCV)- to build new types of helicopters such as unmanned, high-speed and electrically powered ones. “Since April 2020, the National Center for Helicopter Engineering (NCV) began operating in Russia

BAE Systems Acquires UK Tech Firm, Techmodal

August 20, 2020 @ 08:31 AM

BAE Systems announced acquisition of Techmodal, a UK-based data consultancy and digital services company, on Wednesday. Techmodal, which is based in Bristol and has approximately 120 employees and 30 associates, has a number of long term contracts with the UK Ministry of Defence (MOD) in support of the UKs armed forces, particularly the Army, Strategic Command and Royal Navy

Embraer Buys Brazilian Cybersecurity firm, Tempest

July 1, 2020 @ 12:04 PM

Embraer today announced the signing of a contract for a majority investment in Brazilian Security Intelligence firm, Tempest. The largest cybersecurity company in Brazil, Tempest, positions itself as a provider of complete solutions for business protection in the digital world

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