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October 19, 2023 | International, Aerospace

Exclusive: Hitachi set to win EU okay for $1.8 bln Thales deal, sources say | Reuters

Hitachi is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales' GTS railway signalling business on the condition it sells assets in France and Germany, three people familiar with the matter said on Thursday.

https://www.reuters.com/markets/deals/eu-antitrust-regulators-okay-18-bln-hitachi-thales-deal-sources-say-2023-10-19/

On the same subject

  • Leonardo DRS receives contract for Army mortar Fire Control Computers

    March 25, 2020 | International, Land

    Leonardo DRS receives contract for Army mortar Fire Control Computers

    Arlington, VA, March 23, 2020 ̶ Leonardo DRS, Inc. announced today that it has been awarded a contract by Elbit Systems of America to provide advanced rugged tablets as the Fire Control Computer Two (FCCII) for U.S. Army Mortar Fire Control Systems. The $20.6 million contract, was awarded in October 2019. The FCCII hosts the software which enables the warfighter to interact with the overall system designed to reduce the time it takes soldiers to prepare and fire rounds. The FCCII is a rugged computer tablet from the Leonardo DRS Land Electronics business. When loaded with Mortar Fire Control software, it is capable of computing firing solutions for 120mm mounted and dismounted mortar systems, processing digital call for fires messages from battlefield's Fire Support Network, and providing technical manual reference to the user. The FCCII is being fielded to Infantry Brigade Combat Teams, Armored Brigade Combat Teams and Stryker Brigade Combat teams. “These tablets are providing advanced ruggedized multi-touchscreen technology so warfighters can have the most advanced and reliable digitized equipment for more effective protective fire missions,” said Bill Guyan, senior vice president and general manager of the Leonardo DRS Land Electronics business. “We are proud to be working with Elbit Systems of America on this program and are dedicated to the support and fielding of these proven digital fire control computers for our warfighters.” Manufacturing of these FCCII rugged tablets will be conducted by the Leonardo DRS Land Electronics business unit in Melbourne, Florida. About Leonardo DRS Leonardo DRS is a prime contractor, leading technology innovator and supplier of integrated products, services and support to military forces, intelligence agencies and defense contractors worldwide. The company specializes in naval and maritime systems, ground combat mission command and network computing, global satellite communications and network infrastructure, avionics systems, and intelligence and security solutions. Additionally, the company builds power systems and electro-optical/infrared systems for a wide range of commercial customers. Headquartered in Arlington, Virginia, Leonardo DRS is a wholly owned subsidiary of Leonardo S.p.A. See the full range of capabilities at www.LeonardoDRS.com and on Twitter @LeonardoDRSnews. For additional information please contact: Michael Mount Senior Director, Public Affairs +1 571 447 4624 mmount@drs.com View source version on Leonardo DRS, Inc.: https://www.leonardodrs.com/news/press-releases/leonardo-drs-receives-contract-for-army-mortar-fire-control-computers/

  • How will Lebanon grow its Navy? | Actionable Intelligence

    July 8, 2021 | International, Naval

    How will Lebanon grow its Navy? | Actionable Intelligence

    Defense News Middle East correspondent Agnes Al-Helou discusses Lebanon's plan to grow its navy.

  • US Navy more certain of role for medium surface drones following tests

    January 12, 2023 | International, Naval

    US Navy more certain of role for medium surface drones following tests

    Success with small USVs made the Navy rethink more expensive medium ones. But success with medium USVs in 2022 has secured their future in the fleet.

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