June 9, 2023 | International, C4ISR
US cyber experts sent to Latin America on ‘hunt-forward’ mission
“We had our first defend-forward mission, a hunt-forward mission, in SOUTHCOM just recently, which is amazing.”
May 19, 2020 | International, Aerospace, Naval
Government watchdog rejects Airbus protest over helicopter contract
By: David B. Larter
WASHINGTON — Leonardo has restarted work on the U.S. Navy's new training helicopter after its competitor's protest of the contract was rejected by the Government Accountability Office.
Airbus, which lost the competition in January, protested the award of the TH-73 that is slated to replace the Navy's aged TH-57 Sea Ranger fleet.
“On Tuesday, the GAO denied the protest of the Navy's contract award of the Advanced Helicopter Training System (AHTS) program to Leonardo,” Leonardo said in a statement. “As a result, Leonardo has immediately resumed work on AHTS in Philadelphia, readying the next generation of U.S. Naval Aviators.”
The contract, which is going through Leonardo's Philadelphia, Pennsylvania-based AugustaWestland facility, is valued at about $648 million.
The first part of the contract was for $176.5 million and covered the first 32 helicopters.
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July 26, 2019 | International, Aerospace, Security
Private equity firm to buy UK defense company in $5 billion deal
By: Kelsey Reichmann WASHINGTON — The U.S. private equity group Advent International Corp. will acquire U.K. defense firm Cobham plc for £4 billion, or $5 billion, on Thursday. Advent, which has completed over 345 buyouts in 41 countries, purchased Cobham through its indirect subsidiary AI Convoy Bidco Limited. “We have worked intensively over the last two and half years to focus on our customers and our financial and operating performance, and these fundamentals, along with the investment in the business Advent can provide, will enable us to leverage the quality of our products and services," said David Lockwood, CEO of Cobham, in the press release. "Most of all, this offer reflects the potential for future growth and improving performance, and is an endorsement of our turnaround strategy and our hard working people.” Cobham, which creates products for the defense, aerospace, and space industries, is ranked 57 on the Defense News Top 100 with 64 percent of its annual revenue, or $1.59 billion, coming from defense. The deal is expected to be completed before the end of 2019, according to the press release. https://www.defensenews.com/top-100/2019/07/25/uk-defense-company-acquired-for-5-billion/
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May 18, 2023 | International, C4ISR
Space Force may seek new bidders for future deep-space radars
The service wants to see if any companies besides Northrop Grumman can meet its schedule for future phases of the Deep Space Advanced Radar Capability.