Fincantieri to acquire UAS, Leonardo’s torpedo and sonar production line
Fincantieri will acquire Leonardo’s Underwater Armament Systems (UAS) torpedo and sonar business line in a deal that could reach €415m…
15 Mar 2024
Chess Dynamics secures orders for military radar turntables
UK-based provider in precision radar turntables Chess Dynamics has secured three orders worth £3.7m ($4.7m) from a global defence and security company, according to a 12 March release. Under the…
08 Jan 2024
SAIC win $63m US Navy contract for hypersonic weapon concepts
The US Navy has awarded a $63m contract to Science Applications International (SAIC) for advanced hypersonic weapon concepts and strategic missions solutions, the company announced on 4 January. The capability…
20 Oct 2023
Signal: US GAO says DoD needs better insight into defence M&A risks
The US Government Accountability Office (GAO) has said the Department of Defense (DoD) should have better insight into the risks from corporate mergers and acquisitions in the defence sector, which…
27 Sep 2023
Maritime Partners extends portfolio with Navy-linked acquisition
Financing provider Maritime Partners has revealed that one of its “managed funds” has acquired US Marine Management (USMMI), a tanker and military support craft chartering corporation. USMMI owns a portfolio…
20 Jul 2023
Deal focus: Why is Thales investing in Cobham Aerospace Communications?
Each week, Army Technology, Naval Technology, and Airforce Technology editors select a deal that illustrates the themes driving change in our sector. The deal may not always be the largest…
12 May 2023
Greece’s naval defence industry strengthened
MBDA, Naval Group, and Israel Aerospace Industries (IAI) play a role in Greece's defence by bolstering its naval defence industry. IAI recently acquired the Greek defence company Intracom Defense, specialising in missile launchers,…