Rheinmetall concludes deal to take over Expal Systems
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In fiscal year 2022-23, Expal Systems is expecting sales of approximately €400m.
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L3Harris to buy Viasat’s Link 16 TDL product line for $1.96bn
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The product line includes MIDS platforms and related terminals, as well as Link 16 space assets.
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QinetiQ proposes to acquire Avantus Federal for $590m
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The acquisition is expected to double the size of QinetiQ’s US business and increase its revenue by 25%.
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SES acquires DRS Global Enterprise Solutions for $450m
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DRS GES and SES GS will jointly develop advanced satellite network solutions for the US Government.
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Safran purchases French PNT solutions provider Orolia
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The merger strengthens Safran’s presence in resilient positioning, navigation and timing solutions.
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UK clears Cobham’s proposal to acquire Ultra Electronics
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The UK Business Secretary has accepted the undertakings offered to address national security concerns.
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Vectrus and Vertex close merger and form V2X
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The transaction has led the combined company to become a key mission solutions provider for global defence customers.
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Leonardo DRS and RADA sign agreement for merger
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The deal is expected to be completed in the fourth quarter of this year.
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Parsons acquires mission-focused solutions provider Xator for $400m
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The acquisition boosts Parsons’ critical infrastructure protection, cUAS, and biometric capabilities.
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Lumibird completes acquisition of Saab’s laser rangefinder business
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The business will help Lumibird increase its position in the European defence market.
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