UK, Japanese, Italian partners agree next steps for fighter jet | Reuters

On the same subject

• 

  May 4, 2020 | International, Naval

  PODCAST: The Navy Budget And Transformation – Opportunities And Challenges Ahead

  An exclusive audio interview with Leonardo DRS CEO Bill Lynn discussing the role industry can play in helping the Navy and DoD achieve its next generation vision. By BREAKING DEFENSEon May 01, 2020 at 11:23 AM The Pentagon's plan to increase readiness, pursue modernization and advance the development of next-generation technologies is becoming increasingly clear. As the Navy budget continues to aim for a growing fleet and transformational capabilities, it will need to make decisions and trade-offs that impact the defense industrial base. Industry, which is pushing the rapid pace of technological innovation, can use its expertise to shape this future. In this brief podcast Bill Lynn, CEO of Leonardo DRS, discusses how the 2020-21 budget cycle creates opportunities for the defense industry to plan and partner with the Navy and DoD, using independent research and development and program investments. https://breakingdefense.com/2020/05/podcast-the-navy-budget-and-transformation-opportunities-and-challenges-ahead/

• 

  February 26, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

  Contracts for February 24, 2021

  Today

• 

  December 22, 2020 | International, Aerospace

  Lockheed Makes $4.4B Bid to Buy Aerojet Rocketdyne

  By: Sam LaGrone Lockheed Martin has made a $4.4 billion offer to acquire rocket engine maker Aerojet Rocketdyne, the companies announced on Sunday. Speaking with investors on Monday, Lockheed CEO Jim Taiclet said the move to acquire the engine maker was rooted in the future growth of hypersonic weapons and missile defense systems the Pentagon is developing, as well as the growing space business. In the call, Taiclet and Lockheed CFO Ken Possenriede said the merger had the potential to improve the development of new missile and space systems by allowing engineers across both companies to work closer together. In naval programs, Aerojet supplies engines for the Navy's Trident II D-5 submarine-launched ballistic missiles, Raytheon's Standard Missile-2, SM-3 and SM-6, and the Tomahawk Land Attack Missile. Aerojet is also developing a new propulsion system for the MK 54 lightweight torpedo. The company also supplies engines for Lockheed and Boeing's joint venture United Launch Alliance. Lockheed's space division is its third-largest business, accounting for 18 percent of the company's 2019 earnings, reported the Los Angeles Times. The merger, expected to close in the middle of next year, will have to clear regulators in the incoming Biden administration and is viewed by analysts as an early test of how the next White House will handle defense industry consolidation. https://news.usni.org/2020/12/21/lockheed-makes-4-4b-bid-to-buy-aerojet-rocketdyne