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CAE buying L3Harris Technologies’ military training business for US$1.05 billion
CAE announced that it has entered into a definitive agreement with L3Harris Technologies to acquire L3Harris’ Military Training business for US$1.05 billion. The acquisition value represents approximately 13.5 times the L3Harris Military Training business estimated adjusted 2020 EBITDA or approximately 10 times, including cost synergies, which are expected to reach a range of approximately US$28 […]
Boeing Loyal Wingman Uncrewed Aircraft Completes First Flight
Boeing [NYSE:BA] Australia and the Royal Australian Air Force (RAAF) have successfully completed the first test flight of the Loyal Wingman uncrewed aircraft. The flight of the first military aircraft to be designed and manufactured in Australia in more than 50 years flew under the supervision of a Boeing test pilot monitoring the aircraft from […]
KBR Expanding Delivery Capabilities of Unmanned Air Systems with UK Ministry of Defence
KBR is expanding its breadth of capabilities into the UK Ministry of Defence (MOD) with a contract for the delivery of cutting-edge Nano Unmanned Air Systems (UAS) to support technological experimentations with the British Army and the Future Capability Group. KBR's Government Solutions EMEA business will utilize its established services integrator approach to merge world […]
U.S. Marine Corps shows off capabilities of its new Amphibious Combat Vehicles
The 1st Marine Division of the United States Marine Corps has released a video showing new Amphibious Combat Vehicles in action during Marine Air Ground Task Force Warfighting Exercise (MWX) 2-21 at Marine Corps Air Ground Combat Center, Twentynine Palms, Calif. U.S. Marines Corps newest Amphibious Combat Vehicles, better known as ACVs, with Co. D, […]

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