CAE buys military training division of L3Harris
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DefenceTalkCanadian flight simulator maker CAE announced Monday a deal to buy the military training division of US defense group L3Harris Technologies for about US $1 billion. The purchase includes Link, Doss Aviation and AMI, which provide military training in the United States, flight training to the US air force, and hardware for simulators, respectively. Quebec-based […]
Northrop Grumman to buy space firm Orbital for $9.2 bn
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DefenceTalkUS defense group Northrop Grumman will buy out the rocket and missile maker Orbital ATK in a deal worth $9.2 billion, the firms said on Monday. The announcement comes around two weeks after industrial conglomerate United Technologies acquired aerospace supplier Rockwell Collins in a $30 billion deal. “Northrop Grumman will acquire Orbital ATK for approximately […]https://www.defencetalk.com/northrop-grumman-to-buy-space-firm-orbital-for-9-2-bn-70492/
Northtrop Grumman poised to buy Orbital: report
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DefenceTalkUS defense group Northrop Grumman is poised to buy out smaller rival Orbital ATK in a deal worth $7.5 billion, according to the Wall Street Journal. The deal, which comes around two weeks after industrial conglomerate United Technologies acquired aerospace supplier Rockwell Collins in a $30 billion deal, could be formalized by Monday, the paper […]https://www.defencetalk.com/northtrop-grumman-poised-to-buy-orbital-report-70470/
United Technologies snaps up Rockwell Collins for $30 billion
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DefenceTalkUS-based industrial conglomerate United Technologies announced on Monday it had reached an agreement to buy aerospace supplier Rockwell Collins for $30 billion, including debt. “This acquisition adds tremendous capabilities to our aerospace businesses and strengthens our complementary offerings of technologically advanced aerospace systems,” said UTC Chairman and Chief Executive Officer Greg Hayes. “Together, Rockwell Collins […]https://www.defencetalk.com/united-technologies-snaps-up-rockwell-collins-for-30-billion-70416/
Defense Acquisitions: Assessments of Selected Weapon Programs
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DefenceTalkOver the past year, the overall size of DOD’s major defense acquisition program portfolio decreased, from 80 programs to 78, while the estimated cost has decreased by $7.6 billion. The size and cost of the portfolio is currently the lowest in a decade. The decrease in current portfolio cost is due primarily to significant quantity […]https://www.defencetalk.com/defense-acquisitions-assessments-of-selected-weapon-programs-63511/
Saab and Damen Team for Dutch Future Submarine Replacement Program
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DefenceTalkSwedish defense and security company Saab is teaming with Dutch shipbuilder Damen Shipyards Group to explore future opportunities in the international submarine market. The companies have signed an exclusive teaming agreement to work together in pursuit of the potential Walrus-class submarine replacement program for the Netherlands. In addition to this project, Saab and Damen will […]https://www.defencetalk.com/saab-and-damen-team-for-dutch-future-submarine-replacement-program-62036/
Pentagon Bracing for Major Acquisition Decisions
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DefenceTalkThe Pentagon is fighting an uphill battle against a fractured Congress eager to rein in deficits, though lawmakers thus far appear either unwilling or unable to do so in a sound and practical manner, according to a recent analysis by Forecast International. “The discord on Capitol Hill threatens to undermine the Pentagon’s acquisition plans through […]https://www.defencetalk.com/pentagon-bracing-for-major-acquisition-decisions-49888/
Paladin hybridizes for future fleet
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DefenceTalkThe Fires Center of Excellence Capabilities Development and Integration Directorate here, is celebrating a major victory after the Paladin Integrated Management program received Milestone C approval within the Defense Acquisition System. This Materiel Development Decision moves the project from the engineering design phase of the acquisitions process into the manufacturing and production phase. “This is […]https://www.defencetalk.com/paladin-hybridizes-for-future-fleet-49672/
25 Years of Acquisition Reform with Little to Show for All the Effort
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DefenceTalkThe House Armed Services Committee (HASC) held a hearing this week titled “Twenty Five Years of Acquisition Reform: Where Do We Go from Here?” If the past is prologue, the answer to the Committee’s question would have to be nowhere. The reason for this is that the system is fundamentally broken. Reform at the margins […]https://www.defencetalk.com/25-years-of-acquisition-reform-with-little-to-show-for-all-the-effort-49556/
Singapore To Buy AN/TPQ-53 Counterfire Acquisition Radar Systems
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DefenceTalkThe Defense Security Cooperation Agency notified Congress today of a possible Foreign Military Sale to Singapore of 6 AN/TPQ-53 (V) Counterfire Target Acquisition Radar Systems and associated equipment, parts, training and logistical support for an estimated cost of $179 million. The Government of Singapore has requested a possible sale of 6 AN/TPQ-53 (V) Counterfire Target […]https://www.defencetalk.com/singapore-to-buy-antpq-53-counterfire-acquisition-radar-systems-49333/