South Africa’s Paramount Group says it is expanding its MRO capabilities in the U.S. to support the growing fleet of Dassault Mirage F1s that will be used for red-air aggressor operations for the U.S. Department of Defense. 

Longtime CEO Neal Keating handing over the reins to newcomer Ian Walsh on Sept. 8.

KBR will acquire Centauri, a space engineering and development boutique firm for defense and intelligence, in an $800 million deal.

Airbus Helicopters said it has completed the first tether-free flight of its VSR700 vertical takeoff and landing rotary-wing unmanned air system.

Heidi Wood, an aerospace and defense analyst-turned-strategist, will temporarily take over pilot training and simulator provider CAE’s defense and security group after recent hire Todd Probert left for a job in the U.S. national security realm.

The Pentagon is canvassing industry to gauge whether other companies besides F-35 incumbent Lockheed Martin are capable of fulfilling a performance-based logistics (PBL) contract.

Czech aerospace firm Aero Vodochody has new owners following its sale by private equity firm Penta Group.

U.S. defense prime contractors and aerospace OEMs will sell their 20-year-old industry consultancy Exostar to private equity buyer Thoma Bravo