Companies such as Teledyne, TransDigm and Heico are leading a breed of A&D players with “horizontal” external growth strategies and impressive track records.
The U.S. State Department approved a pending sale of eight Boeing KC-46 tankers to Israel on March 3, moving the deal closer to signing on the day of an Israeli presidential election.
The service has launched the Agility Prime program with the goal of accelerating the FAA certification of commercial eVTOL cargo and passenger vehicles.
Italian manufacturer Piaggio Aero Industries and its subsidiary, Piaggio Aviation, have launched an international search for a buyer more than a year after seeking protection from creditors.
Emergency beacon supplier ACR Group on Feb. 24 announced an agreement to acquire avionics manufacturer FreeFlight Systems of Irving, Texas, for an undisclosed amount.
Cadence Aerospace, a private equity-backed rollup of highly complex structural and engine component and assembly businesses, on Feb. 18 announced the acquisition of Premier Processing
Spanish industry now is organizing itself behind national coordinator Indra Sistemas to support the various work pillars, which include development of a next-generation fighter and unmanned remote carriers.
The Italian company, through its subsidiary, Leonardo International, will take a 51% majority stake in the new joint venture, called Leonardo & Codemar S.A.
European missile manufacturer MBDA has taken a stake in French software analysis company Numalis in a bid to strengthen the artificial-intelligence capabilities of future weapons.
The Trump administration’s fiscal 2021 defense budget request is “flat” for the Pentagon but doubles down on space, hypersonic and cyber capabilities against China, Russia and others and would make recent changes to the national security structure “irreversible,” officials said Feb 10.
Canadian pilot training specialist CAE expects increasing demand for its simulators for Boeing 737 MAX and continues to make so-called “white tail” systems ahead of actual orders.
Wall Street remains dubious that aircraft subsystems provider Woodward and composites supplier Hexcel can provide one of the main benefits they promised from their recent merger, particularly as the commercial aviation sector reels from the Boeing 737 MAX production halt and both companies lower their 2020 guidance as a result.
Leidos, a giant provider of technology and services to U.S. government agencies, is buying two airport security and services units from L3Harris Technologies for $1 billion.