Regulation

European Parliament OKs EU-Wide Drone Rules

European Members of Parliament have approved a deal for common EU-wide safety standards for drone manufacture and operation. Under the new rules, drones would need to be designed so that they can…

Military

Northrop Grumman Gets OK from EU to Acquire Orbital ATK

The European Commission has approved Northrop Grumman's acquisition of aerospace and defense manufacturer Orbital ATK. Virginia-based Northrop Grumman first proposed the $9.2 billion transaction last September. U.S. Federal Trade Commission approval, which…