L3Harris Technologies is adding two members to its board of directors, including a former CEO of erstwhile Raytheon, a deal with activist investor D.E. Shaw.
Safran may take the Italian government to court after Rome blocked its purchase of Collins Aerospace's actuation and flight control systems business from RTX.
The Italian government is exercising its “Golden Power” to thwart the deal, citing the unit’s continued support for the multi-nation Eurofighter program.
RTX leaders sought to snuff out financial concerns over its ongoing GTF engine problems Oct. 23 as they unveiled relatively expected financial results.
Lockheed Martin’s aeronautics division took a sales hit in the third quarter of fiscal 2023 as continued F-35 delivery delays ate into the bottom line.
With Ukrainian and U.S. munitions stockpiles in urgent need of replenishment, a new conflict in Israel could further stretch global supply chains for weapons.
The award is a big step for the RDE community, providing a platform to move forward the nascent technology that potentially offers a leap in fuel efficiency.
