Press Releases

CACI International Inc announced today that it has been awarded a five-year task order valued at up to $319 million to provide intelligence systems expertise to the U.S. Army, Communications-Electronics Command Software Engineering Center Electronic Warfare and Sensors Directorate Army Reprogramming Analysis Team-Program Office  Through the ARAT task order, CACI will help the Army, other Services, and foreign military partners establish and maintain a state-of-the-art

TransDigm Group Incorporated today announced it has successfully completed its acquisition of Raptor Labs Holdco, LLC a portfolio company of L Squared Capital Partners, for approximately $655 million in cash, including certain tax benefits. TransDigm financed the acquisition through cash on hand. The acquisition of Raptor Scientific was previously announced on May 28, 2024. Raptor Scientific is a leading global manufacturer of complex test and measurement solutions primari

SES Space & Defense, a wholly-owned subsidiary of SES, has been awarded a multi-year contract worth USD 46.8 million by the U.S. Air Force  Air Combat Command to provide Geostationary  Ku-band satellite services in support of the ACC remotely piloted aircraft training and testing program. SES Space & Defense will use SES’s GEO high-throughput satellite (HTS) fleet to provide ground-to-air and air-to-ground transmissions coverage over the continental

Viasat Inc. a global leader in satellite communications, today announced the introduction of Viasat's Secure Wireless Hub a wearable tactical gateway solution for dismounted soldiers that is easy to carry and simple to use. The SWH solution was developed as part of a multi-phase effort with U.S. Special Operations Command  to identify and develop advanced tactical communications capabilities for mobile ground forces. The SWH is the first wearable addition to Viasat's po

CACI International Inc announced today that it has been awarded a five-year task order valued at up to $414 million to provide expertise and unmanned systems support to the U.S. Army Combat Capabilities Development Command Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance Center to enable warfighter rapid response to current and emerging threats. “CACI’s extensive, specialized operational support expertise is com

Raytheon, an RTX  business, was awarded two strategic Mentor-Protégé Agreement initiatives from the Department of the Navy Office of Small Business Programs to support the development of operational Artificial Intelligence for Department of Defense platforms and programs. Through joint sponsorship from NAVAIR and the Office of Naval Research, Raytheon will mentor Anacapa Micro Products, Inc. and Nara Logics, Inc. Under two individual three-year contracts, Raytheon

On the occasion of the Farnborough International Airshow 2024, CIRA Centro Italiano Ricerche Aerospaziali  and Leonardo have renewed the framework agreement for collaboration on research and technological development activities. The president of CIRA, Antonio Blandini, and the co-director general of Leonardo, Lorenzo Mariani, have signed the agreement that further consolidates the cooperation between two Italian excellences in the aerospace sector. The framework collaboration a

The NATO Support and Procurement Agency has awarded Lockheed Martin Sikorsky a contract award to study integrated platform concepts that could fulfill NATO’s next generation rotorcraft requirements through its Next Generation Rotorcraft Capability  program. “Sikorsky is ready to design a rotorcraft prototype for NATO’s NGRC concept study to support defense and deterrence for an ever-changing global environment.  Years of investment and rigorous flight tes

Graham Corporation a global leader in the design and manufacture of mission critical fluid, power, heat transfer, and vacuum technologies for the defense, space, energy, and process industries, announced today that it has been awarded $2.1 million for the expansion of its welder training programs and related equipment. The contract was awarded by BlueForge Alliance, a nonprofit, neutral integrator that supports the U.S. Navy’s Submarine Industrial Base initiatives. Daniel

Magellan Aerospace Corporation announced today the signing of a Memorandum of Understanding with Aequs Private Limited to explore the development of a business plan for a jointly-owned engine MRO business in the Aequs Special Economic Zone, at Belagavi in Karnataka, India. India's aerospace sector has experienced growth over the past decade, driven by government initiatives including Make in India and UDAN Scheme, growth in the private sector, and increasing air traffic. Ai

Farnborough Air Show – Pratt & Whitney, an RTX  business, announced more than 950 GTF engine orders and commitments since the beginning of 2024. Airlines and lessors that have announced orders include Avolon, Breeze Airways, Cebu Pacific, Icelandair, JetSMART, Mexicana, SKY Airline, SMBC, and Vietjet. In total, more than 11,000 GTF engine orders and commitments have been placed by more than 90 customers worldwide. "These orders demonstrate continued customer conf

Airbus has announced a new partnership with aircraft lessor, Avolon, to study the potential of hydrogen-powered aircraft, marking the very first collaboration of the ZEROe Project with an operating lessor.  Announced at the Farnborough Airshow, Airbus and Avolon will investigate how future hydrogen-powered aircraft could be financed and commercialised, and how they might be supported by the leasing business model. Airbus is putting significant resources into exploring

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated today unveiled its UltraFORCE® 380-HDc imaging system at the Farnborough International Air Show. The new long-range airborne surveillance solution is not subject to International Traffic in Arms Regulations easing shipment and freedom of movement to customers outside the United States. The UltraFORCE 380-HDc delivers superior high-definition multi-spectral imaging in a compact, low-profile package. Full 1080p

OKSI has been awarded multiple contracts totaling nearly $6 million from USSOCOM and the Air Force Research Laboratory for their ARMGDN seeker. ARMGDN is a capability enhancement to BAE Systems' APKWS® laser-guidance kit, providing passive target acquisition and tracking for precision engagements. APKWS is a guidance kit for the 2.75 inch Hydra-70 rocket. Together, the APKWS with OKSI's ARMDGN seeker will facilitate rapid engagements of multiple air or ground targets via ripple fi

Terran Orbital Corporation a global leader in satellite-based solutions primarily serving the aerospace and defense industries today announced the launch of an at-the-market offering program which will allow the Company to offer its common stock, from time to time, in transactions that are deemed to be “at the market” offerings not to exceed an aggregate amount of $98,000,000. Notwithstanding the foregoing, pursuant to certain of the Company’s debt documents,