Rolls-Royce, the global power systems company, announces today that it will acquire the 50 per cent of shares it does not already own in Aero Engine Controls (AEC) a joint venture with Goodrich Corporation.
Military company news
Lockheed Martin signed an agreement with Arrow Electronics
Lockheed Martin signed a new strategic enterprise agreement with Arrow Electronics covering procurement of more than 22,000 electronic components used in advanced technology systems such as missiles, satellites, radar systems, tactical fighter aircraft and unmanned surveillance systems. It represents Lockheed Martin’s largest agreement with any single supplier for these commodities, and concentrates procurement of parts covered under the agreement with a leading national franchised distributor, down from 240 suppliers in 2011.
NG will acquire privately held M5 Network Security Pty Ltd
Northrop Grumman Corporation (NYSE: NOC) announced that it has signed a definitive agreement to acquire privately held M5 Network Security Pty Ltd, a Canberra, Australia-based provider of cybersecurity and secure mobile communications products and services, and advanced analytics to Australian military and intelligence organizations.
BAE teams up with WZL2
BAE Systems announced today that it is teaming with WZL2 (WojskoweZakładyLotnicze Nr 2 S.A.) to offer aircraft support and sustainment services to the Polish Air Force. The agreement, unveiled at Air Fair Bydgoszcz, will provide for maintenance and supply chain assessments, as well as other technical capabilities, to service C-130 aircraft. “With complimentary capabilities, our … Dowiedz się więcej
Pratt & Whitney buys shares in Aero Engines AG
The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control by Pratt & Whitney of the US, ultimately controlled by United Technologies Corporation, over the joint venture International Aero Engines AG of Switzerland, by purchasing all of Rolls-Royce plc shares in IAE. P&W is active in the design, … Dowiedz się więcej
New order for ATK
ATK has received a $36 million order from the U.S. Army to produce 120mm training ammunition for tanks. The award is for a first base-year with four, one-year evaluated option years.
The 120mm training ammunition, used by the M1A1/A2 Abrams main battle tank, includes the M865 kinetic energy and the M1002 multi-purpose anti-tank training rounds. These training rounds closely replicate tactical ammunition in appearance and ballistic performance to provide the warfighter with an affordable, yet realistic training experience.