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CAE announced that it expects to close its $1.05 billion acquisition of the military training business of L3Harris Technologies (NYSE: LHX) on Friday, July 2, after securing all regulatory approvals needed to complete the transaction. The deal was first announced in March and CAE said Monday L3Harris’ military training segment will enable it to br...

KBR (NYSE: KBR) has received a five-year, $194.3 million task order to help U.S. Air Force researchers analyze and verify the integrity of very small electronic devices. The company said Thursday it will provide best practices for designing digital and analog systems and develop methods to detect counterfeit microelectronic products as part of the S...

TYSONS CORNER, VA, June 25, 2021 — Leanne Caret, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, has dubbed the recent demonstration of the capability of a company-built unmanned aircraft system to perform an air-to-air fuel transfer mission as a “history-making event” and attributed the test completion to its ...

Lockheed Martin (NYSE: LMT) has promoted 19-year company veteran Kevin “Red” Smith to succeed Orlando “OJ” Sanchez as vice president of its F-22 program. Smith will oversee efforts to develop, produce and maintain systems for the U.S. Air Force’s F-22 aircraft fleet in his position, Lockheed said Tuesday. Prior to this appointment, he ...

Boeing (NYSE: BA) has received a $578 million contract from U.S. Special Operations Command to manufacture 14 extended-range Chinook helicopters for the British air force. The company said Tuesday it aims to deliver H-47 heavy-lift aircraft units to the U.K. starting in 2026 under the foreign military sales contract and that country will be the...

Dennis Freeman, a Department of Defense veteran, has joined Mission Secure as a technical adviser within the cybersecurity company’s government and defense business. He brings decades of military and civilian service experience to his new position and will help Mission Secure execute its operational technology cybersecurity strategy for govern...