Large spans of water and a lack of strategic depth in some countries make airborne early warning assets a valuable commodity for air forces in the region.
Holding 70% of the company’s outstanding shares, they could declare a crisis of confidence, challenge the status quo and demand a change in top management.
While Turkish UAVs are already starting to dominate the market, Turkish Aerospace is hoping that its new helicopters will enjoy similar success in the global rotorcraft marketplace.
The uncrewed aerial system attack on a remote U.S. outpost in Jordan on the Syrian border is a significant escalation by Iranian-backed groups in the region.
KEEL HOLDINGS was formed by Arlington Capital Partners by merging Pegasus Steel, Metal Trades and Merrill Technologies Group to manufacture complex structures across nine facilities in Michigan/South Carolina for US DOD.
The congressional notification released on Jan. 26 by the Defense Security Cooperation Agency clears Croatia to move forward with the $500 million purchase.
L3Harris’s revenue jumped 17% annually in the fourth quarter to $5.3 billion, while adjusted earnings per share of $3.35 were about 1% ahead of consensus estimates.