Raytheon-Rafael partner on US Iron Dome production
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Raytheon Missiles & Defence and Rafael Advanced Defense Systems have entered a joint venture agreement to establish an Iron Dome production facility in the US.
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Anduril secures $200m funding, value reaches $1.9bn
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Anduril, a US venture capital-backed defence technology business, has secured $200m of Series C funding and doubled its valuation to $1.9bn.
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BT, NSSLGlobal and Viasat partner for Skynet 6 bid
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BT, NSSLGlobal and Viasat have partnered to bid for the Service Delivery Wrap (SDW) contract for the UK’s Skynet 6 Satellite Communications (SATCOM) programme.
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EC awards Milrem consortium €30.6m for standardised UGV
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The European Commission has awarded a Milrem-led consortium €30.6m (£27.4m) to develop a standardised European Unmanned Ground Vehicle (UGV).
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Supacat and Soucy partner on rubber tracks
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High mobility vehicle manufacturer Supacat and composite rubber track (CRT) maker Soucy have partnered to provide rubber tracks for the UK’s fleets of armoured vehicles.
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Rheinmetall defence business ‘robust and resilient’
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In its first-quarter results, Rheinmetall has said it does not expect the Covid-19 coronavirus pandemic to have a lasting impact on its defence business this year adding that despite the outbreak it expects the division’s sales to continue to grow.
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Defence companies weather Covid-19 storm, but M&A’s are down
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Despite a number of prominent deals recently closing, the Covid-19 crisis has seen the defence industry shy away from mergers and acquisitions to safeguard cash and see themselves through the pandemic.
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Abaco and Amergint develop communications technology for troops
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Abaco Systems and Amergint Technologies have partnered to develop an electronic warfare (EW) communications technology for troops.
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Envistacom wins US Army contract for GTACS II vehicle
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Envistacom has secured a contract from US Army Contracting Command to support the Army’s Program Executive Office Command, Control and Communications-Tactical (PEO C3T) and Project Manager Tactical Network (PM Tactical Network).
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L3Harris Technologies agrees to divest EOTech business
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L3Harris Technologies has signed a definitive agreement to divest EOTech business to American Holoptics, an affiliate of Koucar Management.
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