BAE Systems officials called the acquisitions “unique opportunities” to grow its military radio and GPS businesses. BAE Systems announced Jan. 20 it intends to buy Collins Aerospace’s military Global Positioning System for $1.9 billion and Raytheon’s Airborne Tactical Radios division for $275 million. These two businesses are being sold in order to clear the antitrust...
BAE Systems, Inc. announced today it has reached definitive agreements for the proposed acquisitions of Collins Aerospace’s military Global Positioning System (GPS) business and Raytheon’s Airborne Tactical Radios (ATR) business. These two high-performing businesses are being sold in connection with obtaining the required antitrust clearances for the previously announced pending merger between Raytheon and United...
BUCHAREST (Romania), January 15 (SeeNews) – US-based security and aerospace company Lockheed Martin is interested in the further development of military equipment production and maintenance projects in Romania, as well as artificial intelligence-focused research, the Romanian authorities said. The company is considering the development of additional equipment production and maintenance projects involving Romania, the defence ministry said...
Iveco Defence Vehicles, a subsidiary of CNH Industrial N.V. (NYSE: CNHI/MI: CNHI), announces that on December 30, 2019 a first order of a frame agreement including more than 2,900 high mobility trucks has been signed with the Romanian Ministry of National Defence. These first 942 vehicles will be delivered throughout four years, starting from 2020....
