Tag: acquisitions
Lockheed Martin to Buy Sikorsky Aircraft for US$7.1 Bn
Lockheed Martin Corp has agreed to buy United Technologies Corp's (UTC) Sikorsky Aircraft for over $8 billion, US news agency Reuters reported on Sunday. Such a deal would enhance Lockheed Martin's dominance in the aerospace market, while adding a civil element to its defense-oriented portfolio.
Rafael Invests in a Brazilian Aerospace Company
The Israeli defense company Rafael Advanced Defense Systems announced the acquisition of a 40% stake in the Brazilian aerospace company GESPI Aeronautics, deepening its position in the growing Brazilian homeland security and defense market.
Thailand Shelves Follow-on Gripen Acquisition
The acquisition of six additional Swedish Gripen fighters by the Royal Thai Air Force has fell victim to the economic turmoil in Thailand. The...
Washington to Invest $2.25 Billion Equipping 25 new Iraqi Battalions
Washington is planning a massive arms sale to Iraq, to equip 25 additional battalions and brigade headquarters. If all options are exercised, this sale...
Foster-Miller Acquires Two Pittsburgh Robotics Companies
QinetiQ North America is strengthening its position n the unmanned systems market with two acquisitions of robotics specialist companies, acquired by the company's Foster-Miller,...
South African OMC Quadruples Turnover After BAE Systems’ Acquisition
“Since BAE Systems purchased a major share in the company in 2004, Land Systems South Africa’s annual turnover has quadrupled from 300 million Rand...
Australia Launch A$6 Billion Super Hornet Acquisition
Australia decided to acquire 24 F/A-18F Block II Super Hornet multi role aircraft to close a potential air combat capability gap that could have...
