CommercialBoeing Buys Millenium Space Systems for SmallSat Solutions Boeing, which filed with government regulators in 2016 for a potential network of thousands of small satellites to provide global Internet access, has agreed to acquire Millenium Space Systems, a developer and…
CommercialL3 Forms ISR Segment out of Aerospace and Sensor Systems After Q2 L3 is consolidating its Aerospace Systems and Sensors Systems business segments into one focused on intelligence, surveillance and reconnaissance (ISR) solutions for customers worldwide. The new Texas-based ISR Systems segment supplies sensor…
CommercialAs Boeing Global Services Grows, CEO Says Commercial Will Take the Lead As Boeing strives to grow its year-old services segment to $50 billion in revenue within the next nine years, Boeing Global Services CEO Stan Deal expects the commercial side of the business to…
MilitaryBoeing, Embraer Plan Second Joint Venture for Defense Market Boeing moved a step closer to establishing a strategic partnership with Brazilian aircraft maker Embraer Thursday, announcing a pending $3.8 billion majority ownership stake in a commercial aircraft joint venture as well…
MilitaryBoeing Developing Performance Analytics with Singapore Defense Agency Boeing and a Singaporean defense agency agreed Thursday on a joint research and development project on data analytics to better understand how well military aircraft are performing and predict future needs for…
MilitaryElbit's Half-Billion-Dollar IMI Systems Acquisition Gets Israel's Approval Elbit Systems has reached an agreement with the Israeli government for the tender of state shares related to the company’s pending $495 million acquisition of IMI Systems, which is also based in Israel.…
MilitaryNorthrop Grumman's Acquisition of Orbital ATK Goes Through After Some Promises The Federal Trade Commission (FTC) on Tuesday evening approved the acquisition by Northrop Grumman of Orbital ATK contingent on Northrop Grumman agreeing to operate its new solid rocket motor (SRM) business independently to avoid…
MilitaryUS Customs Wants New Early Warning Radar for P-3 Customs and Border Protection (CBP) this week issued a request for information to industry for market research on new airborne early warning (AEW) radar for some of its P-3 surveillance aircraft typically flown…