Sen. Jerry Moran, R-Kan., says defense primes need more clarity about what happens to their programs if Boeing buys Spirit.
By Valerie InsinnaMillennium Space Systems is delivering on critical missile tracking constellation
With programs like MTC, Millennium Space Systems is redefining what it means to be an operational prime – rapidly delivering operational small sat constellations on rapid timelines.
Through the deal, Boeing’s litigation with supplier GKN Aerospace will be dropped, and the aerospace giant will take possession of a St. Louis-area factory it used to own.
By Michael Marrow
“To the extent we can get a good price for what we’ve identified as non-core [businesses], we’ll do it. But too many of the offers are coming in low and people think we’re desperate to sell, and I can assure you we’re not,” said L3Harris CEO Chris Kubasik.
By Michael Marrow
Austal rejected the bid based on concerns it would not be approved by regulators, something Hanwha says should not be an issue.
By Aaron Mehta
Boeing acquired Germantown, Md.-based Digital Receiver Technology Inc. in 2008, when the aerospace giant was seeking to expand its presence in the intelligence sector.
By Valerie Insinna
Dean Rosenfield, group managing director at Saab UK, told media that the acquisition was part of a “deliberate strategy” to grow and expand business in Britain.
By Tim Martin
If regulators approve the deal for the US-owned Ball, the deal could be closed in the first half of 2024.
By Tim Martin
AI can make logistics data as valuable as intelligence or operational data for mission success
Valuable intelligence insights can be gleaned from logistics or flight-test data when artificial intelligence or machine learning is applied.
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.
CEO Bill Lynn described the firm’s recent experience going public and its narrowed focus on four key growth areas.
By Aaron Mehta
The deal, which is subject to approval by the Federal Trade Commission, is expected to close in 2023.
By Valerie Insinna
Advent International to acquire Maxar in mid-2023. The satellite firm is a major provider of space-based imaging for the National Reconnaissance Office.
By Aaron Mehta
Overall, Lynn said, the company is “trying to spread our wings a bit” in terms of what DRS can offer the US military, with a focus on four key business areas: advanced sensing, network computing, force protection and electric power and propulsion.
By Aaron Mehta
“Not only is the government skeptical of ongoing consolidation, it is not happy with the execution of those promises made in the past,” writes Bill Greenwalt of AEI.
By Bill Greenwalt