Epirus, a startup building high-power microwave (HPM) applications for UAV deployment, closed a $70 million funding round that included an investment by L3Harris Technologies.
EgyptAir Training Academy has added two more full flight simulators (FFS) to its portfolio this year, one for the Airbus A220-300 and another for the A320neo.
The U.S. Space Development Agency (SDA) awarded L3Harris and SpaceX contracts to each build four satellites for detecting and tracking ballistic and hypersonic missiles.
BAE Systems’ move to bulk up its U.S. defense subsidiary with the acquisitions of a core piece of the erstwhile Rockwell Collins and a competitor unit to rival prime L3Harris Technologies will come at a premium, analysts said.
Publicly traded shares of aerospace and defense companies around most of the Western world ended 2019 about 34% above where they began a year ago, and 6% better off than major stock market indices, Wall Street analysts said in year-end reports.