M&A
Safran S.A. Acquires ElectroMechanical Systems Business From Collins Aerospace
The acquired business primarily consists pilot controls and electrical actuators for aircraft. It also provides a full range of fly-by-wire cockpit control devices, from modular controls to fully integrated pilot-control systems.
FLIR Systems, Inc. to Acquire Arlington Capital Partners Portfolio Company Endeavor Robotics
Endeavor Robotics is a developer of battle-tested, tactical unmanned ground vehicles (UGVs) for the global military, public safety, and critical infrastructure markets.
Mission Ready Solutions, Inc. to Acquire Unifire, Inc.
Unifire is a Service-Disabled Veteran Owned Small Business and an industry leading manufacturer and distributor of over 1.5 million fire, military, emergency, and law enforcement products. The company was founded in 1987.
The Acacia Group Portfolio Company Applied Insight, LLC Acquires Applied Technology Group, Inc. and Stratus Solutions, Inc.
Applied Technology Group, Inc. supports the national security community, with expertise which extends across machine learning, advanced analytics, complex algorithm R&D, deep learning, high-speed data collection and repository building, DevOps, cloud computing and application development.
Stratus Solutions, Inc. is a provider of security, infrastructure, and development operations solutions and services to government and commercial customers.
Advantest Corp. Completes Acquisition of Astronics Corp.’s Semiconductor System Level Test Technology
Astronics Corp. (NasdaqGS: ATRO) completed the sale of the intellectual property and certain assets associated with its semiconductor test business to Advantest Corp. (TSE: 6857) for $100 million in cash.
GDC Technics, Ltd. Announces New Ownership, Shared by Oriole Capital Group, Trive Capital Holdings, LLC and MAZ Aviation
San Antonio, Texas-based GDC Technics Ltd. is an aircraft modification and technology company with extensive capabilities in design, engineering, manufacturing, installation, testing and certification of structural and system modifications for narrowbody and widebody aircraft.
Bristow Group, Inc. and Columbia Helicopters, Inc. Terminate Proposed Transaction
Columbia Helicopters, Inc. is the global leader in heavy-lift helicopter operations and is a provider of maintenance, repair and overhaul services.
Sequoia Holdings Receives Equity Investment from Chart National, L.P.
Sequoia Holdings, Inc. is a provider of software and cloud engineering services for the U.S. intelligence community.
Kitron ASA Completes Acquisition of the Electronics Manufacturing Services (EMS) Division of API Technologies Corp., a Portfolio Company of J.F. Lehman & Co.
API Technologies Electronics Manufacturing Services (EMS) provides manufacturing, testing, and repair services of electronic components and assemblies for original equipment manufacturers (OEMs) and serves customers in the United States.
Turkey’s Kordsa to Acquire Axiom Materials, Inc. From Sorenson Capital
Axiom Materials Inc. is a progressive composite materials manufacturer founded with the intention of combining a quality prepreg, adhesive, and ancillary composite products platform with customer-focused service and forward-thinking design.
A&D News
Northrop Grumman Appoints Chris Deeble as Chief Executive, Australia
Northrop Grumman Corporation (NYSE: NOC) has appointed Chris Deeble, chief executive, Northrop Grumman Australia, responsible for supporting the company’s longstanding programs in Australia, as well as exploring new business pursuits. Deeble will report to Dave Perry, corporate vice president and chief global business officer.
Airbus to Cease Delivery of A380 Airliners by 2021
Airbus SE (Leiden, Netherlands), as part of an announcement regarding orders from Emirates Airlines (Abu Dhabi, UAE), revealed its plan to cease delivery of the A380 airliner in 2021.
Rolls-Royce completes €57 million upgrade of Rauma thruster facility
Rolls-Royce Oy Ab (Rauma, Finland) has completed a multi-million Euro upgrade and refurbishment of its thruster manufacturing plant in Rauma, Finland, consolidating production over a single site, and creating one of the world’s most advanced propulsion facilities.
First Japan Airlines A350 XWB Takes Shape in Final Assembly Line
Final assembly of the first A350-900 for Japan Airlines (JAL) has begun and is taking shape at the Final Assembly Line (FAL) in Toulouse, France. The wing-fuselage junction and the installation of the vertical and horizontal tailplane have been completed.
BAE Systems, AMMROC Sign MoU to Establish MRO Facility in Al Ain, UAE
BAE Systems plc (LSE: BA.L) and The Advanced Military Maintenance Repair and Overhaul Centre (AMMROC) signed a Memorandum of Understanding (MoU) on February 18, 2019 to establish a maintenance, repair and overhaul (MRO) facility in Al Ain, United Arab Emirates (UAE).
Cubic Names IBM and Microsoft Executive Kevin Eagan as Senior Vice President & Chief Digital Officer
Cubic Corporation (NYSE: CUB) today announced the appointment of Kevin Eagan to the role of senior vice president and chief digital officer. Eagan will join Cubic’s executive team based in San Diego, CA, effective March 25 and report to chairman, president and chief executive officer Bradley H. Feldmann.
U.S. Approves Sale of Missile Defense System for Air India One
The USA has agreed to sell two state-of-the-art missile defence systems to Air India One for an estimated cost of USD 190 million, a move that will enhance the security of planes flying the prime minister and the president.
Raytheon Emirates Opens New Headquarters in Abu Dhabi
Raytheon Emirates, a wholly owned subsidiary of Raytheon Company (NYSE: RTN), today opened its headquarters in Al Maqam Tower at Abu Dhabi Global Market Square. The new facility will help Raytheon Emirates develop human capital, industrial partnerships and new technology in the United Arab Emirates in the areas of missile defense, cybersecurity, effectors, and other enabling technologies.
U.S. Government Approves Release of Boeing EA-18G Growler to Finland
Boeing [NYSE: BA] and the U.S. Navy have received U.S. Department of Defense approval to offer the EA-18G Growler to Finland. Previously only Australia had been authorized to purchase the airborne electronic attack (AEA) aircraft.
Northrop Grumman Appoints Om Prakash as Chief Executive, Japan
Northrop Grumman Corporation (NYSE: NOC) has appointed Om Prakash, chief executive, Northrop Grumman Japan, as the company strengthens its partnership with Japan. Prakash will report to Dave Perry, corporate vice president and chief global business officer.
Contracts
NAWCWD Contracts With Raytheon for Sensor System Upgrades for F/A-18 and E/A-18G
On behalf of the U.S. Navy Program Executive Office for Enterprise Information Systems (PEO EIS), Navy Enterprise Resource Planning (Navy ERP) (Arlington, VA), the U.S. Naval Air Warfare Center Weapons Div. (NAWCWD) (China Lake, CA) awarded Raytheon SAS – Intelligence, Surveillance and Reconnaissance Systems (ISRS) (McKinney, TX) a five-year, $88.4 million cost-plus-fixed-fee, ID/IQ contract (N68936-19-D-0001) for sensor system upgrades for F/A-18 and E/A-18G in support of the F/A-18 Integrated Product Team (IPD/Advanced Weapons Laboratory (AWL).
AFLCMC Hill Contracts With Booz Allen for 309th Aircraft Maintenance Group (AMXG) Production Acceptance Certification (PAC)/Work Control Document (WCD) Correlation Requirement
The Air Force Life Cycle Management Center (AFLCMC), Ogden Air Logistics Complex (OO-ALC) (Hill AFB, UT) awarded Booz Allen Hamilton, Inc. (McLean, VA) a $7.1 million firm-fixed-price contract (FA8224-19-C-A005) for the Production Acceptance Certification (PAC)/Work Control Document (WCD) correlation requirement in support of the 309th Aircraft Maintenance Group (AMXG).
ONR Contracts With Seeman Composites for the Machining Center Proposal
The U.S. Office of Naval Research (ONR) (Arlington, VA) awarded Seemann Composites, Inc. (SCI) (Gulfport, MS) a $9.1 million cost-plus-fixed-fee contract (N00014-19-C-2015) for the machining center proposal.
NAWCAD LKE Contracts With Northrop Grumman for AN/ALQ-213(V) MEWS/AN/AAQ-24(V) LAIRCM Systems and Associated Services for the P-8A Aircraft
The U.S. Naval Air Warfare Center Aircraft Div. (NAWCAD LKE) (Lakehurst, NJ) awarded Northrop Grumman Land and Avionics C4ISR Division (Rolling Meadows, IL) a $27.3 million firm-fixed-price ID/IQ contract (N68335-19-D-0023) for the procurement the AN/ALQ-213(V) Electronic Warfare Management System (EWMS) and the AN/AAQ-24(V) Large Aircraft Infrared Countermeasures (LAIRCM) systems and technical data for the P-8A aircraft.
Chorus Aviations Subsidiary Jazz Air Contracts With Bombardier for Multiple CRJ900 Regional Airliners
On behalf of Jazz Air LP (Jazz) (Halifax, Nova Scotia, Canada), Chorus Aviation Inc. awarded Bombardier Commercial Aircraft (Downsview, Ontario, Canada) a $437.0 million contract, based upon list prices, for nine (9) CRJ900 regional airliners.
Emirates Airlines Contracts With Rolls-Royce for Trent 7000 Engines for A330neo Airliners; Trent XWB Engines for A350 Airliners and Trent 900 Engines for A380 Airliners
Under the contract, Rolls-Royce will also provide Trent 900 engines for a further fourteen (14) Airbus A380s, taking the total Emirates Airlines A380 fleet powered by Trent 900 engines to thirty-three (33) aircraft.
NAWCAD Contracts With Vertex Aerospace for Fleet Fighter Jet Services
The U.S. Naval Air Warfare Center Aircraft Division – Pax River (NAWCAD) (Patuxent River, MD) awarded Vertex Aerospace, LLC (Madison, MS) a $23.4 million firm-fixed-price, ID/IQ contract (N00421-19-D-0031) for fleet fighter jet services.