After failed bid to buy Aerojet Rocketdyne, Lockheed is “endeavoring… to create another supplier,” CEO Jim Taiclet told lawmakers.
By Michael MarrowROC-X – The solution to organic precision strike capabilities
At AUSA Global Force 2024, IAI will present integrated, AI-driven combat systems – both manned and unmanned – that are opening new opportunities on the battlefield.
Austrian Defence Minister Klaudia Tanner reportedly said a contract for the new jets should be inked by the first half of 2024.
By Michael Marrow
To meet the program’s delayed production decision, set for February 2025, the T-7A will need to qualify its escape system and finish its flight control software, though officials expressed confidence the jet could achieve the goal.
By Michael Marrow
Lockheed CEO Jim Taiclet also said that TR-3 upgrade delays for the Joint Strike Fighter stemmed from late hardware, compressing the schedule for software testing.
By Michael Marrow
“I really see this as a fantastic opportunity to really rejuvenate [Aerojet] and nurture it to become the company we are confident it will become,” Ross Niebergall, the newly installed head of Aerojet, told Breaking Defense.
By Aaron Mehta
Aerojet will now become a fourth business unit within L3Harris in a deal previously estimated at $4.7 billion.
By Aaron Mehta
“We were advised today that the FTC will not block our acquisition of Aerojet Rocketdyne; therefore, we are
moving forward to close the transaction on or about July 28,” wrote L3Harris CEO Chris Kubasik in a note to investors.
Modernizing our supply chain is a national security imperative
Closing supply chain gaps in innovating technology will reposition the industrial base to be a strategic source of value.
Eyeing risks of losses, L3Harris’ Chris Kubasik said, “I think the industry as a whole is going to continue to no-bid these contracts until [DoD uses] the right vehicles.”
By Michael Marrow The Federal Trade Commission formally made a second request for information last month as it evaluates antitrust concerns associated with L3Harris acquiring one of only two major suppliers of solid rocket motors for the Pentagon.
By Michael Marrow
Raytheon executives said they see improvement for components like electronics, though shortages continue for castings, rocket motors and other key parts.
By Michael Marrow
The award is a modification to a contract L3Harris won in 2020 to sustain and improve the systems used to track objects whizzing around the Earth.
By Michael Marrow
Air Force’s Stand-in Attack Weapon (SiAW) program has funded prototyping work with three short-term contracts first issued last year to Lockheed Martin, L3Harris and Northrop Grumman.
By Michael Marrow
At IDEX 2023, the United Arab Emirates’ Tawazun Council announced the opening of a new “intelligence center” for defense forces.
By Agnes Helou
The £90 million ($103 million) contract includes the delivery of more than 1,300 AN/PRC-163 handheld and AN/PRC-167 manpack software defined radios to the British military.
By Andrew White
