Tag Archives: hypersonics

FTC Seeks Additional Info on Lockheed’s $4.4B Deal for Aerojet Rocketdyne

Lockheed Martin (NYSE: LMT) has received from the Federal Trade Commission a second request for additional information as FTC continues to review its proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD). The latest request extends for another 30 days the waiting period under the Hart-Scott-Rodino Act, Lockheed said Friday. In December, …

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Lockheed Strikes $4.4B Deal for Aerojet Rocketdyne; James Taiclet, Eileen Drake Quoted

James Taiclet President and CEO Lockheed Martin

Lockheed Martin (NYSE: LMT) has agreed to acquire Aerojet Rocketdyne (NYSE: AJRD) for approximately $4.4B in a move to expand its capabilities in the areas of hypersonics, space exploration, integrated air and missile defense and tactical missiles. The deal is expected to conclude in the second half of 2021, subject to approval by Aerojet Rocketdyne’s stockholders, regulatory clearances and other customary closing conditions.

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Northrop to Support NASA UAS Data Collection Test Under $70M Contract

Northrop

Northrop Grumman (NYSE: NOC) has landed a five-year, $70M contract to help NASA's Armstrong Flight Research Center integrate sensor technology onto unmanned aircraft. The company will perform engineering, production and technical services under the Global Hawk Skyrange program aimed at demonstrating an alternative approach to collect data with the high-altitude, long-endurance aircraft, the agency said Wednesday.

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Baird Hosts 2020 Government & Defense Conference Featuring John Song, Jean Stack

Baird

Baird hosted its 2020 Government & Defense Conference on Thursday, a full day virtual event featuring a wide variety of experts across government, academia and industry to present their insights regarding the latest M&A trends and market value drivers influencing the defense and federal market. Jean Stack also highlighted market themes, including 5G, space, directed energy, electronic warfare, hypersonics and cyber

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Battelle Wins $46M Contract to Manufacture Thermal Protection Materials

Battelle

Battelle has won a potential seven-year, $46.3 million contract to help the Department of Defense (DoD) manufacture thermal protection materials that withstand extreme hypersonic environments. The Manufacturing of Carbon/Carbon Composites for Hypersonic Applications (MOC3HA) initiative will mature and integrate manufacturing to expedite the production of carbon/carbon composites.

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Air Force Selects Boeing, Lockheed, Raytheon Technologies for Hypersonic Cruise Missile Tech Design Program

US Air Force

The U.S. Air Force has indicated its intent to solicit design proposals from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) for a hypersonic cruise missile technology that can be launched from a fighter or a bomber aircraft.

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