In a strategic move to bolster its position in the defense industry, Kanders & Company, Inc., a prominent U.S.-based single-family office, has announced a definitive agreement to acquire certain antenna and test equipment businesses from L3Harris Technologies (NYSE: LHX) for a total of $200 million. This acquisition signals a significant expansion for Kanders, marking its […]
In a landmark announcement, Astrion, in a joint venture (JV) with Fluor Corporation, revealed that Beyond New Horizons, LLC (BNH), their collaborative effort, has been awarded the Test Operations and Sustainment (TOS) II contract by the U.S. Air Force. Valued at over $3.7 billion, this 12-year agreement signifies a pivotal advancement in aerospace testing and […]
In a significant development for global defense capabilities, Raytheon, a business unit of RTX (NYSE: RTX), has been awarded a substantial $1.2 billion contract. This agreement is set to significantly augment Germany’s air defense infrastructure, providing the nation with additional Patriot air and missile defense systems. This move not only enhances Germany’s defense capabilities but […]
Centum Electronics Limited has forged a partnership with Israel-based Rafael Advanced Defense Systems in the field of electronic warfare systems for the Indian Navy and Indian Coast Guards. A memorandum of understanding (MoU) has been signed by the Indian electronics system design and manufacturing company and Rafael Advanced Defense Systems in this connection. Under the MoU, […]
Solid State plc said that its manufacturing arm — Steatite Ltd has bagged a multi-million-pound contract from BAE Systems. According to the UK-based electronic component manufacturing company, the contract is for designing, developing, and qualifying computer consoles for maritime platforms. The contract was awarded after a pre-qualification stage and a competitive tender process, said Solid […]
Pacific Defense, a provider of military-use electromagnetic spectrum technology solutions, has acquired New Hampshire-based technology company Spear Research for an undisclosed price. Spear Research is focused on developing electronic warfare, signals intelligence, and autonomous networked sensor systems. The company is said to bring an experienced and innovative engineers whose core competencies are in RF engineering, […]