TransDigm Group is continuing its supply chain roll up and said Sept. 6 it has entered a definitive agreement to acquire Young and Franklin and its subsidiaries, including Tactair Fluid Controls, for $260 million in cash.
NASA’s efforts to develop its Orion crewed spacecraft are following a course punctuated by safety, cost and schedule risks, the agency’s inspector general says.
LONDON—European missile manufacturer MBDA has firmed up an order for a coastal missile system for Qatar. Qatari officials signed a deal in Doha on Sept. 1 for a vehicle-launched version of the Marte ER and Exocet MM40 Block 3 anti-ship missiles following a memorandum of understanding for the system that was signed at the Dimdex defense show in March.
AUSTRALIA launched AUS$500m ($384m) Electronic Warfare Operations Support for Maritime and Land Forces initiative; 75% of funds will be spent with local industry. LORD CORP.’s Improved Vibration Control system (IVCS) for BOEING CH-47 Chinook helicopter received final qualification approval. RADA ELECTRONIC INDUSTRIES LTD. has $2m in follow-on orders from undisclosed customer for delivery of ground debriefing stations. Deliveries complete by mid-2017.
The flight management systems market will hit $3.13 billion by 2021, according to consulting company ASDReports, reflecting a compound annual growth rate of 6.23%. Factors driving the market include demand for next-generation systems and required navigation performance, as well as development of glass cockpits resulting in better operational efficiency. Other contributing factors are significant growth in the airline industry worldwide and increased fleet orders.
Selected U.S. military contracts for Aug. 29, 2016. U.S. ARMY DATRON World Communications, Inc., Vista, California, was awarded a $495,000,000 firm-fixed-price, foreign military sales (Afghanistan) contract for DATRON family of radios and support equipment. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity (W91CRB-16-D-5010). Selected U.S. military contracts for Aug. 30, 2016.
Almost two years after the DOD awarded Lockheed Martin the latest F-35 contract, the firm is still waiting on the funds needed to build the next fighter jets.
“Poland’s formal request is an important milestone toward becoming the 6th NATO Patriot country and the 14th Patriot partner nation,” Raytheon’s integrated defense systems president Wes Kremer says.
The increased frequency of Iranian and North Korean space launch and ballistic missile tests is driving investment in Boeing’s silo-based interceptors.
NASA’s Osiris-Rex asteroid sample return mission rolled out atop its United Launch Alliance Atlas 5 rocket to Launch Complex 41 at Cape Canaveral on Sept. 7.
India is preparing to launch an advanced meteorological sat this week, taking a step closer toward enhancing climate prediction and disaster warning tech.
Aug. 17 marked the closing of another chapter in the life of the venerable McDonnell Douglas F-4 Phantom II, with the QF-4 full-scale aerial target drone completing its final unmanned mission over White Sands Missile Range in New Mexico.
The Turkish air force has disbanded three F-16 squadrons following their alleged involvement in the failed July 15 coup against President Recep Tayyip Erdogan.
Australia will consider accelerated replacement of its Airbus Tigers after auditors questioned a planned sustainment upgrade for the unreliable attack helicopters, even though they have been fully operational for only five months.
