 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
 by Staff Writers New York (AFP) Sept 18, 2017
US defense group Northrop Grumman is poised to buy out smaller rival Orbital ATK in a deal worth $7.5 billion, according to the Wall Street Journal. The deal, which comes around two weeks after industrial conglomerate United Technologies acquired aerospace supplier Rockwell Collins in a $30 billion deal, could be formalized by Monday, the paper said, quoting sources close to the matter. Northrop is valued at $46.5 billion, while Orbital is valued at $6.3 billion. The potential transaction comes amid high tensions with North Korea and as American defense firms are under pressure to maintain their profit margins while customers demand better value for money. In 2015, Northrop won an $80 billion mega-contract from the US military for the Long Range Strike Bomber planned for the mid-2020s. Orbital specializes in making rocket launchers and missiles, including for Elon Musk's SpaceX. lo/mf/ia/jm
L3 Technologies acquires Adaptive Methods Inc.Washington (UPI) Sep 12, 2017 L3 Technologies has expanded its presence in the undersea products market with the acquisition of Adaptive Methods Inc., a systems engineering firm. Under the acquisition announced Tuesday, Adaptive Methods will be called L3 Adaptive Methods, integrated into L3's Sensor Systems business segment. The financial terms of the transaction were not disclosed. Adaptive Methods is ... read more Related Links The Military Industrial Complex at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
