Archive: News & Articles

Leonardo Acquires Share in Hensoldt

Leonardo has taken over 25.1 per cent of the shares in Hensoldt. For €606M, Leonardo has thus secured a share in the growing sensors, data management and robotics market, the company writes in a press release. This transaction is another step towards achieving Leonardo’s strategic goal of becoming a leader in the European defence electronics […]

Elbit Reorganises UK Activities

Elbit Systems has announced that its UK subsidiary, Elbit Systems UK Ltd. has sold the Power and Control Business of its subsidiary Ferranti Technologies Ltd. to TT Electronics (UK) Plc. for approximately US$12M (approximately £9M) in cash, subject to customary post-completion working capital adjustments. The remaining business of Ferranti, including training and simulation, avionics, display […]

Renk Group Appoints Niklas Beyes as New CFO

On 07 December, the Supervisory Board of Renk Group announced the appointment of Mr Niklas Beyes as the new CFO, an appointment which became effective from 1st January 2022. Mr. Beyes is an operational CFO who has spent the last 15 years in the automotive supply industry and has led various transformations and strategy programmes for global […]

General Digital Enhances Facilities

General Digital has announced a series of improvements to the company’s East Hartford facility. The company has decided to make multiple investments in new capital equipment to enhance confidence testing ability, improve PCB production capabilities and further modernise the facility. These purchases include: New electro-dynamic shaker for vibration testing Upgrades to the company’s Thermotron temperature […]

Matt Mulherin Jr Appointed VP Contracts at Newport News Shipbuilding

Huntington Ingalls Industries has announced that Matt Mulherin Jr. has been promoted to Vice President of Contracts at its Newport News Shipbuilding division. Mulherin succeeds Christie Thomas, who has been appointed Corporate Vice President, Investor Relations. Mulherin will have overall responsibility for contracts, pricing, export/import licencing and compliance for Newport News. He will report to […]

Diehl Takes Over Eagle-Picher

The Diehl & Eagle-Picher joint venture, founded in 1971, has become a wholly-owned subsidiary of Diehl Defence by taking over all company shares retroactively as of 1 January 2021. Since 16 November, the company has been operating under the name Diehl Energy Products GmbH (DEP), as Diehl Defence has now announced. Diehl describes DEP as […]

Oren Poleg Appointed as Head of IAI NA

Israel Aerospace Industries’ (IAI) President & CEO Boaz Levy has announced the appointment of Oren Poleg as President and CEO of IAI North America (IAI NA), an IAI subsidiary. The nomination follows the appointment of Colonel (Ret.) Amir Geva to EVP North America at IAI’s headquarters and additional management changes recently implemented by the CEO. […]

HGH Contracted to Observe Maritime Migration Routes

HGH has announced a million-euro contract from a NATO European country to watch the coasts and protect the border from irregular migrations, smuggling and trafficking. A total of three SPYNEL thermal sensors have been ordered in the scope of the contract. Meeting the country’s coastline security concerns, SPYNEL IR Sensors operate 24/7 in all weather […]

Orolia to Acquire Seven Solutions

Orolia has announced that it has entered into a definitive agreement to acquire Seven Solutions, a company specialising in White Rabbit sub-nanosecond time transfer and synchronisation technology. The transaction is subject to customary closing conditions and approvals required by the Spanish Government and is expected to close before the end of the year. The merger’s […]

Daimler AG to be Divided

Daimler AG has announced the split-up of the company in two independent business units, effective from 01 October 2021. Mercedes-Benz AG will be in charge for the development, production and distribution of passenger cars and vans, while and Daimler Truck AG will concentrate on the lorry business. Daimler Mobility AG will be merged into the […]

First Public Appearance of Renk America at AUSA

Renk America has announced that the company will officially unveil itself at the Association of the US Army’s (AUSA) 2021 Meeting and Exposition in Washington D.C. from 11 to 13 October. Renk America recently opened in Muskegon, Mich, after Germany’s Renk Group acquired L3Harris Technologies Combat Propulsion Systems in July for US$400M cash. Founded in […]

Russian Army Adopts Rostec’s Ordnance for Protection against High-Precision Weapons

A new obscurant ordnance developed by the Central Scientific Research Institute for Precision Machine Engineering (TsNIITochMash) of the Russian Rostec State Corporation has been accepted for service by the Russian Armed Forces. The product has been designed for individual protection of vehicles against high-precision weapons with laser, optical and thermal guidance systems. When a threat […]

Benedicte Willumsen Grieg Takes Up New Role

Kongsberg Digital has announced the appointment of Benedicte Willumsen Grieg to the newly created position of Vice President, Strategy. Willumsen Grieg will be part of the management team, reporting to Hege Skryseth. Her objectives include the support of the company’s further growth, with a special focus on strategy projects and operationalisation, closely linked to strategic […]

KMW Demonstrates RCH 155 Firing On The Move

During a presentation at the Klietz military training area in Germany, Krauss-Maffei Wegmann (KMW) demonstrated the live firing of the wheeled Remote-Controlled Howitzer 155mm (RCH 155) in motion for the first time in front of an audience. The weapon system combines the Artillery Gun Module (AGM) from KMW – a fully automatic gun turret – […]

TAI Reports Growth

Turkish Aerospace Industries (TAI) has grown the size of its workforce from 6,000 to about 10,000 employees in a few years, according to its CEO and President Temel KOTIL. The company is expected to increase its workforce to 15,000 employees by 2030. Revenue has increased from US$1.3Bn in 2016 to US$2.3Bn in 2019. From this […]

Autoflug’s FLYWEIGHT Seat Certified

German company Autroflig has reported that The European Aviation Safety Agency has approved its FLYWEIGHT safety seat for use in helicopters according to European Technical Standard Order rules. The first production FLYWEIGHT seat will be installed shortly in a Leonardo AW109SP light multi-purpose helicopter operated by US medical transport specialist Intermountain Life Flight. The composite […]

Parker Hannifin Corp to Acquire Meggitt

Parker Hannifin Corporation, a global player in motion and control technologies, has announced an agreement for a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Meggitt, another global player in this industrial segment. The announcement has been issued jointly by Parker and Meggitt plc through the UK’s Regulatory […]

SPX Acquires Enterprise Control Systems

SPX Corporation has announced that it has completed the acquisition of Enterprise Control Systems Ltd. Headquartered near Northampton, UK, ECS specialises in the design and manufacture of tactical datalinks and radio frequency (RF) countermeasures, including counter-drone and counter-IED RF jammers. ECS’s results will be reported as part of SPX’s Communications Technology (“CommTech”) platform within its […]

Renk America Created

Renk Group has acquired L3Harris Technologies Combat Propulsion Systems for roughly $400M in cash to create Renk America. The new company will provide mobility solutions to the US and allied nations. It will also become the US centre of excellence for the Renk Group. Renk America will add to the Renk Group’s global capacity for research […]

PELI-Hardigg to Present Customised Cases at DSEI 2021

PELI Products will present its PELI Hardigg division of Engineered Case Solutions at DSEI 2021 (Stand H2-674). PELI-Hardigg roto moulded cases can be customised according to each customers needs while offering the best protection possible for any type of equipment, even the most fragile. PELI-Hardigg offers every customer the optimised global resources of a renowned […]

Third Generation Soldier Study Findings

Rheinmetall has presented a first complete concept for the third generation of the German Bundeswehr’s Future Soldier – Expanded System, or IdZ-ES. The presentation was the initial outcome of a study contract awarded to Rheinmetall in March 2021. The purpose of the study is to examine and evaluate potential improvements for the IdZ-ES version of […]

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