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January 26, 2022 | International, Aerospace

Antitrust regulators sue to block Lockheed's Aerojet acquisition

The U.S. Federal Trade Commission says Lockheed Martin's planned $4.4 billion acquisition of Aerojet Rocketdyne will raise antitrust concerns, the companies said Tuesday.

https://www.defensenews.com/industry/2022/01/25/lockheed-says-planned-aerojet-acquisition-faces-federal-antitrust-roadblock/

On the same subject

  • Navy to Showcase Innovative Information Warfare Capabilities at the Navy Information Warfare Pavilion at Sea-Air-Space 2019

    May 1, 2019 | International, Naval, C4ISR

    Navy to Showcase Innovative Information Warfare Capabilities at the Navy Information Warfare Pavilion at Sea-Air-Space 2019

    By Elisha Gamboa, SPAWAR Public Affairs NATIONAL HARBOR, Md. (NNS) -- Eleven commands from across the Navy's Information Warfare (IW) community will come together to demonstrate the Navy's commitment to the information domain at the Sea-Air-Space (SAS) Exposition at the Gaylord National Convention Center in National Harbor, Maryland May 6-8. The IW Pavilion is designed to educate conference attendees on facets of Navy information warfare, including the key commands that lead, acquire, prepare and fight to secure the information domain. “Our Defense and Navy Strategies, as well as ‘A Design for Maintaining Maritime Superiority v2.0' all emphasize that we are in an era of Great Power Competition, with a return to a maritime warfare focus,” said Vice. Adm. Matthew Kohler, deputy chief of naval operations for information warfare (OPNAV N2N6) and director of naval intelligence (DNI). “They also note that ‘information' is key to warfighting across all domains – sea, air, space, and cyberspace – and is a warfare area in itself.” Representatives from the following commands will make up the Information Warfare Pavilion located at booth #2746 in the SAS exhibit hall: - The Office of the Deputy Chief of Naval Operations for Information Warfare (OPNAV N2N6) - Naval Information Forces Command (NAVIFOR) - U.S. Fleet Cyber Command/U.S. TENTH Fleet (FCC/C10F) - Space and Naval Warfare Systems Command (SPAWAR) - Naval Information Warfare Center Atlantic (NIWC Atlantic) - Naval Information Warfare Center Pacific (NIWC Pacific) - Program Executive Office Command, Control, Communications, Computers and Intelligence (PEO C4I) - Program Executive Office Space Systems (PEO SS) - Program Executive Office Enterprise Information Systems (PEO EIS) - Naval Meteorology and Oceanography Command (NMOC) - U.S. Naval Observatory (USNO) Together these commands will provide a glimpse into the Navy's information warfare community through the Navy IW theater speaking series, the Navy IW engagement zone and Navy IW technology demonstrations. Navy IW Theater The theater in the IW Pavilion will hold a speaker series all three-days of the conference and exposition. Topics range from digitizing the Navy, to enabling ‘compile to combat in 24 hours,' to increasing cybersecurity resiliency, to providing insight into the IW community status and mission areas. The IW Pavilion speaker's series schedule: Monday, May 6 1:45 pm – 2:30 pm: Vice Adm. Matthew Kohler, OPNAV N2N6/DNI and Vice Admiral Brian Brown, NAVIFOR 2:45 pm – 3:30 pm: Rear Adm. John Okon, NMOC Tuesday, May 7 10:00 am – 10:45 am: Rear Adm. Christian Becker, SPAWAR 1:45 pm – 2:30 pm: Rear Adm. Michael Vernazza, FCC/C10F Wednesday, May 8 11:00 am – 11:45 am: Rear Adm. Danelle Barrett, OPNAV N2N6 Navy Information Warfare Engagement Zone Situated in the middle of the IW Pavilion, the engagement zone will allow attendees to informally meet program managers and subject matter experts from multiple IW commands for short blocks of time. No appointments are necessary. Navy Information Warfare Pavilion Technology Demonstrations The IW pavilion will also feature 12 technology demonstrations spotlighting systems and capabilities that facilitate information warfare, from seafloor to space. This includes swarm modeling and control technologies, position, navigation and timing technologies, military satellite and nanosatellite communication systems, advanced military mobile applications and more. "Today, our Navy and our nation are experiencing an unprecedented degree of competition in the information warfare domain," said Rear Adm. Christian Becker, SPAWAR commander. "It's vital that our Navy adapts to this reality and responds with urgency and creativity to increase naval agility and sustainability. The IW Pavilion provides a platform for our community to engage with the best and brightest to discuss how to equip our warfighters with the most advanced technologies possible, to give them an unfair advantage today and for decades to come." Throughout the IW community's evolution over the last 10 years, it remains organized under three core pillars - battlespace awareness, assured command and control and integrated fires. Each of these areas aims to take advantage of information-related capabilities in an integrated fashion, to make decisions faster than the adversary throughout the full spectrum of Navy missions, from peacetime to conflict. The Navy League's Sea-Air-Space Exposition was founded in 1965 as a means to bring the U.S. defense industrial base, private-sector U.S. companies and key military decision makers together for an annual innovative, educational, professional and maritime based event located in the heart of Washington, DC. Sea-Air-Space is now the largest maritime exposition in the U.S. and continues as an invaluable extension of the Navy League's mission of maritime policy education and sea service support. For information about the event, visit http://www.seaairspace.org/welcome. https://www.navy.mil/submit/display.asp?story_id=109428

  • BAE Systems completes $1.9 billion acquisition of Raytheon’s military GPS business

    August 3, 2020 | International, C4ISR

    BAE Systems completes $1.9 billion acquisition of Raytheon’s military GPS business

    Nathan Strout WASHINGTON — BAE Systems has completed its $1.9 billion purchase of Collins Aerospace's military GPS business from Raytheon Technologies Corporation, BAE announced July 31. “Today marks the culmination of a tremendous team effort, and we are extremely proud to welcome the Military GPS employees to our company,” said John Watkins, vice president and general manager of precision strike and sensing solutions at BAE. “Together, we will build on our rich histories of providing superior, innovative capabilities to help protect our U.S. and allied warfighters.” The acquisition follows the merger of defense contracting giants United Technologies Corp. and Raytheon into Raytheon Technologies Corporation in June. The U.S. Department of Justice had approved that merger in March, but only on the condition the companies divest UTC's military GPS and large space-based optical systems businesses, as well as Raytheon's military airborne radios business. The two companies had already struck a deal with BAE in January, which saw BAE purchasing Collins Aerospace's military GPS business from UTC for $1.9 billion and Raytheon's airborne tactical radio business for $275 million. The military GPS business includes a workforce of 700 employees that design and build advanced, hardened, secure GPS products, including devices that can utilize M-Code, a more secure U.S. military GPS signal. The business boasts more than 1.5 million GPS devices installed on more than 280 weapons systems. “This partnership will enable us to build on our market leadership and bring new discriminating capabilities to our customers, including the U.S. Department of Defense and its allies,” said Greg Wild, director of military GPS. “We're excited to be joining the BAE Systems family. They appreciate our legacy of innovation and will provide opportunities for continued business growth and success.” https://www.c4isrnet.com/industry/2020/07/31/bae-systems-completes-19-billion-acquisition-of-raytheons-military-gps-business/

  • US State Dept OKs potential sale of Abrams main battle tanks to Romania for estimated $2.53 billion  - Pentagon | Reuters

    November 9, 2023 | International, Land

    US State Dept OKs potential sale of Abrams main battle tanks to Romania for estimated $2.53 billion - Pentagon | Reuters

    The U.S. State Department has approved a potential sale of Abrams main battle tanks to Romania for an estimated $2.53 billion, the Pentagon said on Thursday.

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