Leonardo and RADA complete merger to form new public company
Defence technology provider Leonardo DRS and Israel-based RADA Electronic Industries have completed an all-stock merger to form a combined public…
16 Nov 2022
UK commits to naval splurge before Autumn Statement
Just days before the UK’s Autumn financial statement, which will spell out the scale of spending cuts the UK Government will have to make over the coming years, the Ministry…
17 Aug 2022
FMD signs agreement with DECK to expand UXV capabilities
Arcline Investment Management’s portfolio company Fairbanks Morse Defense (FMD) has signed a licencing agreement with an Estonian private company DECK Marine Systems. With this deal, FMD plans to expand its…
28 Jul 2022
Thales subsidiary TDSI takes Advanced Acoustic Concepts’ full ownership
Thales’ US-based subsidiary Thales Defense & Security Inc (TDSI) has acquired the full ownership of Advanced Acoustic Concepts (AAC) for an undisclosed amount. According to Leonardo, the finalisation of this…
06 Jul 2022
Curtiss-Wright acquires Safran Aerosystems Arresting for $240m
Curtiss-Wright has closed the purchase of Safran Aerosystems Arresting (SAA), a global arresting systems supplier for military aircraft, for $240m in cash. SAA designs, manufactures and supplies mission-critical, fixed-wing aircraft…
13 Jun 2022
thyssenkrupp Marine Systems acquires MV Werften’s Wismar shipyard
German naval company thyssenkrupp Marine Systems (tkMS) has acquired the shipyard location of MV Werften in Wismar, Germany. The employees were informed about the takeover during a meeting by the…
03 Jun 2022
Fairbanks Morse Defense acquires California-based Research Tool & Die
Arcline Investment Management’s portfolio company Fairbanks Morse Defence (FMD) has acquired Research Tool & Die (RT&D) for an undisclosed amount. The latest transaction is a crucial addition to FMD’s ongoing…