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IndoDef 2016: Rheinmetall Defence talks Marder RI Programme

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Aerojet Rocketdyne Subsidiary to Provide MDA Additional Missile Targets Under $140M Contract Modification

Coleman Aerospace, a subsidiary of Aerojet Rocketdyne (NYSE: AJRD), has secured a $140.1M contract modification to supply six medium-range ballistic missile targets and perform related engineering services to the Missile Defense Agency. The modification exercises an option under a previously awarded contract and increases the total contract value to $506.5M, the Department of Defense said Thursday.

Harris, L3 Get DOJ Antitrust Clearance for Proposed Merger

The Department of Justice has given L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) an antitrust approval to advance their merger through an all-stock transaction, Reuters reported Friday.