Michele Evans, the executive vice president for Aeronautics at Lockheed Martin, died on Jan. 1, the company said. 

Lockheed Martin announced on Dec. 28 that it had delivered 120 F-35As in 2020, a year complicated by supply chain disruptions of the program’s global production system.

The agreement on the all-cash transaction includes a $5 per share, pre-closing special dividends to Aerojet’s shareholders, reducing the post-dividend value of the deal to $4.6 billion.

Private equity firm Charger Investment Partners late Dec. 15 announced it had acquired a majority stake in Advanced Composite Products and Technology.

Additive manufacturing machine maker 3D Systems said it is on the verge of finishing one of the world’s largest, fastest most precise powder metal 3D printers for U.S. Army Research Laboratory use toward long-range munitions, helicopters, air and missile defenses.

The new chief executive of Kaman, which recently downsized to focus on aerospace and defense, expects to pursue mergers and acquisitions (M&A) and to implement a new business operating system to squeeze higher margins out of the supplier’s operations.

The contract with a $700 million ceiling value could result in orders for up to 2.906 ACES 5 ejection seats over the next decade, beginning with a task order to replace the ACES 2 seats in the Boeing F-15 fleet. 

The San Diego-based company announced winning a contract on October 29 for a program that provides professional services for U.S. federal agencies.