Italian flagship aerospace and defense company Leonardo is buying Rada Electronic Industries, a publicly traded Israeli defense electronics and military radar specialist, to fold under Leonardo’s U.S.-based DRS brand, the companies announced June 21.

Airbus CEO Guillaume Faury said the company’s offer, focused on the militarized H175M twin-engine super-medium rotorcraft, would “regenerate helicopter manufacturing in the UK."

Two years after forming from its predecessor companies, Super Tier 1 aerospace supplier and large defense prime Raytheon Technologies has opened a corporate ventures office to make small venture-capital-style investments.

Indonesian defense prime PT Pindad and Safran are discussing potential local assembly of the AASM air-to-ground modular weapon that will equip the Southeast Asian country’s future Dassault Rafale fleet.

Major European consulting firm AlixPartners has struck a strategic deal with Cypress International, a Washington, D.C.-based boutique adviser, as AlixPartners looks to increase U.S. federal and military-related council.

Triumph Group, which will soon cap a yearslong consolidation and exit of most of its aerostructures work, on March 31 announced it will launch a new corporate identity and it has reshuffled its leadership ranks, including departures.

U.S. prime defense technology provider L3Harris Technologies and Silicon Valley venture capital firm Shield Capital announced a partnership March 29 to invest in emerging defense and commercial technology startups.

The COVID-19 pandemic may be abating, but for suppliers such as Canada’s Magellan Aerospace the effects continue to hit home.