Saturday, 22 February 2020
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Northrop to sell $1.65 billion unit to private equity
Defense contractor Northrop Grumman has agreed to sell its TASC consulting unit to two buyout firms, General Atlantic and Kohlberg Kravis Roberts & Co KKR.UL, for $1.65 billion, the companies said on Sunday.

Thales wants larger share of naval systems company
Thales is keen to raise its stake in naval systems company DCNS to 35 percent from 25 percent, as systems integration plays an increasingly important part in the design and building of modern warships, said Marc Darmon, head of Thales' naval division.
Defense News

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MoD considers call for big rise in outsourcing
The Ministry of Defence is considering dramatically expanding the support work it outsources to private companies. The news comes only weeks after an independent report cited the trend towards contracting-out as a key factor in the 2006 Nimrod reconnaissance aircraft explosion in which 14 servicemen were killed.
Financial Times

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U.S. to withhold F-35 fighter software code

The United States will keep to itself sensitive software code that controls Lockheed Martin Corp's new radar-evading F-35 fighter jet despite requests from partner countries, a senior Pentagon program official said.


General Dynamics to Appeal A-12 Decision

The U.S. Court of Appeals for the Federal Circuit today denied a request for a rehearing of the Federal Circuit's prior decision sustaining the government's default termination of the A-12 aircraft contract to which General Dynamics and The Boeing Company were parties with the Navy.

Your Defence News

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Price rise may be only option to save Airbus A400M

A higher sticker price and fewer guaranteed deliveries may be the only way to rescue Europe's new military transport plane after years of costly delays.


Iran's ability to build own S-300 air-defense systems queried

A Russian military expert questioned on Wednesday Tehran's claims that it could build its own S-300 surface-to-air missile systems. With the delivery of Russian-made S-300 systems to Iran long overdue, Tehran has said it is capable of producing clones in the near future.

RIA Novosti

Defence Procurement tops the agenda at International Armoured Vehicles

Defence procurement policy in the UK which was designed to provide troops with improved armoured vehicle military capabilities is beginning to unravel according to recent reports, and this will top the agenda at International Armoured Vehicles 2010.

Your Defence News

India Bolsters Coastal Security After 2008 Attack

India has greatly strengthened its coastal security a year since the Nov. 26 Mumbai terror attacks, which came through a sea route.

Defense News

Sweden Offers Brazil Partnership Deal

Swedish Defense Minister Sten Tolgfors will lead a high-level delegation that will meet for two days of talks, beginning Nov. 25, with Brazilian defense and state officials in Rio.

Defense News


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