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October 29, 2021 | International, Aerospace

Lockheed predicts Aerojet acquisition will close next quarter

Lockheed Martin's $4.4 billion acquisition of Aerojet Rocketdyne is expected to close in the first quarter of 2022, one quarter later than expected.

https://www.defensenews.com/industry/2021/10/26/lockheed-predicts-aerojet-acquisition-will-close-next-quarter/

On the same subject

  • Rheinmetall takes over maintenance of German Air Force’s CH-53G transport helicopter at Diepholz Air Base

    December 11, 2020 | International, Aerospace

    Rheinmetall takes over maintenance of German Air Force’s CH-53G transport helicopter at Diepholz Air Base

    December 9, 2020 - Rheinmetall has won an order from the German Bundeswehr to inspect, maintain and repair Sikorsky CH-53G transport helicopters. Starting in March 2021, the Düsseldorf-based Group will be operating two maintenance and repair bays belonging to the German Air Force's 64th Helicopter Squadron at Diepholz in Lower Saxony. Worth a figure in the lower two-digit million-euro range, the contract with Rheinmetall Aviation Services GmbH runs for five years, with an option for a one-year extension. In Diepholz, the 64th Helicopter Squadron is responsible for larger maintenance operations in a separate remote squadron, with a total of five Bundeswehr-owned maintenance and repair bays for the CH-53G – an aircraft that has been operated in the Bundeswehr since 1972. An integrated high-tech enterprise dedicated to security and mobility, Rheinmetall's proposal won the tender, so that its subsidiary Rheinmetall Aviation Services GmbH (RAS) will soon be in charge of maintaining and repairing Bundeswehr helicopters in Diepholz. RAS will draw on organizational and aeronautical regulatory support from its sister company Rheinmetall Technical Publications GmbH, an approved aeronautical company located at Bremen Airport. About Rheinmetall Aviation Services: Rheinmetall Aviation Services GmbH, which is also based in Bremen, was founded at the beginning of 2019 as part of the Group's strategic cooperation with Sikorsky in the Heavy Transport Helicopter (STH) procurement programme, with responsibility for maintenance, repairs, training and documentation. Rheinmetall and Sikorsky have been cooperating together intensively in various procurement projects since 2009. Thanks to the new order, expertise gained through this partnership will now be profitably put to work on behalf of the Bundeswehr in Diepholz. Looking ahead, the Bundeswehr also stands to benefit in the long term from the partnership between Rheinmetall and Sikorsky in the STH procurement programme, coupled with experience accumulated at Diepholz Air Base. Rheinmetall AG Corporate Sector Defence Press and Information Oliver Hoffmann Rheinmetall Platz 1 40476 Düsseldorf Germany Phone: +49 211 473-4748 Fax: +49 211 473-4157 View source version on Rheinmetall Group: https://www.rheinmetall.com/en/rheinmetall_ag/press/news/latest_news/index_22144.php

  • Thales finalizes acquisition of RUAG training and simulation unit

    May 6, 2022 | International, C4ISR

    Thales finalizes acquisition of RUAG training and simulation unit

    The acquisition aligns with armed forces modernization programs across the globe, and a move toward digitalization across land forces.

  • Rheinmetall to supply Germany’s Federal Police with protective vest inserts

    December 7, 2018 | International, Land

    Rheinmetall to supply Germany’s Federal Police with protective vest inserts

    Rheinmetall has won an order to supply the German Federal Police with ballistic inserts for protective vests. The framework agreement lasts 36 months and is worth a total of around €10 million. Representing roughly €1 million in sales, a first batch consisting of over 5,000 ballistic inserts will be shipped in spring 2019. The contract encompasses an option for the supply of an additional 36,000 inserts. Developed and produced by Rheinmetall Ballistic Protection in Krefeld, Germany, the inserts exploit the latest technology in order to achieve high protection at the lowest possible weight. Among the lightest of their kind, these inserts withstand shots fired from an AK-47 assault rifle. As a result, law enforcement officers who find themselves in complex, life-threatening situations are not only well protected, but able to manoeuvre easily as well. Rheinmetall – a powerful partner of the police and security services Headquartered in Düsseldorf, Rheinmetall AG is a publicly traded, globally operating technology group. It consists of two operational units: Rheinmetall Defence and Rheinmetall Automotive. In 2017 the Group's 23,000 employees generated sales of just under €6 billion. Rheinmetall feels a special obligation to make the best-possible equipment available to those whose task it is to protect our society. Its Public Security product portfolio – tailored to meet the needs of law enforcement agencies and security services – covers a wide array of capabilities, ranging from reconnaissance and surveillance to command and control, cyber operations, kinetics, force protection and tactical mobility. https://www.rheinmetall-defence.com/en/rheinmetall_defence/public_relations/news/latest_news/index_18816.php

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