November 20, 2024 | International, Land, C4ISR, Security
AV to acquire BlueHalo in $4.1bn all-stock deal
AeroVironment (AV) has entered a definitive agreement to acquire BlueHalo in an all-stock transaction valued at approximately $4.1bn.
December 26, 2024 | International, Land
BAE Systems has secured contracts totalling $68m to produce 44 additional cold weather all-terrain vehicles (CATVs) for the US Army.
November 20, 2024 | International, Land, C4ISR, Security
AeroVironment (AV) has entered a definitive agreement to acquire BlueHalo in an all-stock transaction valued at approximately $4.1bn.
September 6, 2018 | International, Naval
By Gina Harkins Some of the Navy's ships could stay in service well beyond their scheduled lifespan as leaders look for ways to modernize existing vessels as part of a decades-long fleet buildup. Navy leaders want to have 355 ships by 2030, but that doesn't mean that all of them will come new. Officials are studying ways to salvage some of the service's aging vessels as part of that plus-up -- and that doesn't come without challenges. "[Operating] as an away-game Navy is very expensive, and this requires us to look at the lifespan of everything we own," Vice Adm. William Merz, deputy chief of Naval Operations for Warfare Systems, said Wednesday at conference hosted by Defense News. Navy leaders plan to detail the kinds of capabilities they'll need in a 355-ship fleet in an extensive report expected to be released next year. Part of that process, Merz said, will include taking a look at what ships will still be relevant in a future fight. That's an important factor in determining how much money to invest in refurbishing ships that have already been in service for decades. The Navy recently decided to extend the lives of some cruisers and destroyers, he said, because they're so effective. Full article: https://www.military.com/daily-news/2018/09/05/355-ship-navy-will-mean-extending-vessels-past-planned-lifespans-admiral.html
January 14, 2022 | International, Aerospace