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Tag Archives: space

Boeing to Consolidate Defense, Space Development Functions; Chris Chadwick Comments

Chris Chadwick

Boeing (NYSE: BA) will merge its defense and space business development operations into a single organization with the goal of addressing program risks and cost issues. Chris Chadwick, CEO of Boeing’s defense, space and security business, said Wednesday the future BDS development group will “apply engineering expertise, development program best ...

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L-3 Acquires RF Microwave Tech Maker Miteq for $41M; John Mega Comments

wireless communications

L-3 Communications (NYSE: LLL) has purchased radio frequency microwave technology manufacturer Miteq for $41 million and will create a new business that will operate under the name L-3 Narda-Miteq. The transaction will combine Miteq’s RF microwave products and solid-state satellite communications components with similar technologies made by L-3’s Narda Microwave East company that is based in Hauppauge, ...

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David Thompson: Orbital-ATK Deal Could Close in January

David Thompson

The planned merger of Orbital Sciences (NYSE: ORB) with ATK‘s (NYSE: ATK) aerospace and defense groups could close in January if the companies receive regulatory approvals for the deal during the December holiday season, Orbital CEO David Thompson said Thursday. Thompson also said that transition teams from both companies are “continuing to target ...

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Cobham Completes $1B Aeroflex Buy; Bob Murphy Comments

Robert-Murphy

Cobham plc has finalized its approximately $1.46 billion acquisition of Aeroflex (NYSE: ARX) after shareholders and regulatory bodies approved the transaction. Following the completed transaction, the Aeroflex business will be consolidated with the British defense contractor’s advanced electronic solutions division and communications and connectivity business group. Cobham said Monday it expects the acquisition to boost the company’s current ...

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Bernhard Gerwert: Airbus to Downsize Defense, Space Division

space-engineering

Airbus Group will sell some of the subsidiaries and business units within its defense and space division after what the aerospace and defense conglomerate called a “detailed and comprehensive portfolio assessment.” Airbus Group said Tuesday that it identified its commercial and para-public communication business as among the candidates for divestment and said it also ...

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Air Force Picks 14 Firms for $494M Hosted Payload IDIQ

space-engineering

The U.S. Air Force has awarded positions on a potential $494 million contract to 14 companies for products and services to help the government obtained commercial hosting tools for its payloads. The firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a five-year ordering period and covers work through Jan. 31, 2029, the Defense Department said ...

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Lockheed Wins $914M Air Force ‘Space Fence’ Radar Production Contract

SpaceFence

Lockheed Martin (NYSE: LMT) has won a $914,699,474 contract to build a ground-based surveillance radar for the U.S. Air Force to track and detect objects in space. The Air Force is obligating $415 million in fiscal year 2013 and 2014 research, development, test and evaluation funds for the “Space Fence” ...

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Orbital Sciences, ATK’s Aerospace & Defense Groups to Merge in $5B Deal

rocket-launch

Orbital Sciences Corp. (NYSE: ORB) has agreed to merge with ATK‘s (NYSE: ATK) aerospace and defense groups in an approximately $5 billion transaction to create a combined company that will operate as Orbital ATK once the deal completes. In separate releases from ATK and from Orbital, the companies said Monday that ...

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Travis Slocumb to Lead New Raytheon Electronic Warfare Systems Mission Area; Rick Yuse Comments

Raytheon logo_Ebiz

Raytheon’s (NYSE: RTN) space and airborne systems business unit integrated its electronic warfare programs into an El Segundo, Calif.-based business portfolio focused on electronic warfare systems, the company said Tuesday. Rick Yuse, president of Raytheon’s space and airborne systems business, said the company intends for the new mission area to develop ...

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Paul Dillahay: Lockheed, ASRC Federal Subsidiary Form Civil Space Team

Lockheed Martin (NYSE: LMT) has awarded a potential three-year, $50 million subcontract to an ASRC Federal subsidiary for civil space support services. ASRC Federal Space and Defense will provide engineering and technical support services to Lockheed Martin for work supporting agencies such as NASA and the U.S. Air Force, ASRC Federal announced Tuesday. The indefinite-delivery/indefinite-quantity ...

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