Filter Results:

All sectors

All categories

    3407 news articles

    You can refine the results using the filters above.

  • Le gouvernement du Canada achève le démantèlement du navire Cormorant

    July 8, 2021 | Local, Naval

    Le gouvernement du Canada achève le démantèlement du navire Cormorant

    Le gouvernement du Canada s'est engagé à enlever les épaves et les b'timents abandonnés ou dangereux constituant une menace de pollution pour le milieu marin, qui ont des répercussions sur les collectivités côtières et qui représentent un danger pour...

  • British warship to get a boost in firepower with new missile

    July 8, 2021 | International, Naval

    British warship to get a boost in firepower with new missile

    The investment in Type 45 lethality improvements comes to $692 million), the government says.

  • Huntington Ingalls to buy Alion Science and Technology for $1.65 billion

    July 7, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

    Huntington Ingalls to buy Alion Science and Technology for $1.65 billion

    Huntington Ingalls Industries has announced an agreement to buy Alion Science and Technology for $1.65 billion in cash from Veritas Capital ― the latest in a string of acquisitions for the military shipbuilding titan.

  • Contracts for July 6, 2021

    July 7, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

    Contracts for July 6, 2021

    Today

  • MBDA remporte des contrats pour fournir des missiles CAMM aux destroyers de type 45 de la Royal Navy

    July 7, 2021 | International, Naval

    MBDA remporte des contrats pour fournir des missiles CAMM aux destroyers de type 45 de la Royal Navy

    MBDA a obtenu plusieurs contrats pour « améliorer de manière significative » les capacités de défense aérienne et antimissile des six destroyers de type 45 de la Royal Navy. Dans le cadre de ces travaux, le CAMM (Common Anti-Air Modular Missile) sera associé pour la première fois à un système de commandement et de contrôle (C2) Sea Viper amélioré. Le CAMM « offre une défense antiaérienne rapprochée et locale de premier ordre », et viendra compléter l'Aster 30, renforçant ainsi la capacité de défense antiaérienne de la Royal Navy, précise MBDA.

  • Turkey to make its own maritime missile-launching system after sanctions interrupt Lockheed plans

    July 6, 2021 | International, Naval

    Turkey to make its own maritime missile-launching system after sanctions interrupt Lockheed plans

    Turkish defense company Roketsan is to develop a vertical launching system for the country’s first locally made frigate, after American sanctions disrupted original procurement plans, said naval platforms acquisition official Alper Kose.

  • Electrical Components International Acquires Promark Electronics

    July 6, 2021 | Local, Aerospace, Naval, Land, C4ISR, Security

    Electrical Components International Acquires Promark Electronics

    July 06, 2021 08:00 AM Eastern Daylight Time ST. LOUIS & MONTREAL--(BUSINESS WIRE)--Electrical Components International, Inc. (“ECI”), a leading global supplier of wire harnesses, electrical components, and sub-assemblies for diversified industrial markets, today announced the acquisition of Promark Electronics Inc. (“Promark Electronics”). Founded in 1987 by Syd Knecht, Promark Electronics is a manufacturer of wire harnesses and cable and electromechanical assemblies utilized by commercial electric vehicles and other technically-complex, mission-critical products. With the growing demand for commercial electric vehicles, Promark Electronics has developed high-voltage cable and assemblies as part of its ProEV™ platform, which has made it a trusted partner to leading commercial electric vehicle manufacturers. The company will continue and expand its manufacturing operations in its Montreal, Quebec, Canada facilities. “We are excited to partner with Promark Electronics and establish ECI as the high-voltage harness supplier of choice in high-value, high-growth markets,” said Mike Balsei, Chief Executive Officer of ECI. “With ECI's global scale and Promark Electronics' proprietary solutions, we will be able to help manufacturers meet the increasing demand for commercial electric vehicles as well as in adjacent e-mobility verticals.” The Knecht Family will continue to lead the Promark Electronics team. In a joint statement, Jarred, Brandon, and Robert Knecht commented: “We are incredibly proud of the business and reputation that our family has built over the past three decades. We are thrilled to have found an industry-leading partner to help us further accelerate our growth, particularly in the e-mobility space. We are excited to join the ECI family, deepen our customer relationships, and continue our long track record of innovation and excellence.” ECI is a portfolio company of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. Earlier this year, ECI acquired Omni Connection International, a manufacturer of wire harnesses and connection systems for leading tier one automotive suppliers. Michael Sanford, Senior Managing Director at Cerberus, added: “Promark Electronics adds a highly complementary platform serving a rapidly growing market. We remain excited about the strategic opportunities for ECI and look forward to supporting the business' continued growth.” Barclays served as financial advisor and Blake, Cassels & Graydon LLP and Debevoise & Plimpton LLP served as legal counsel to ECI and Cerberus. Lincoln International LLC, Crowe BGK, and EY served as financial advisors to Promark Electronics and Osler, Hoskin & Harcourt LLP acted as legal counsel. About ECI Founded in 1953, Electrical Components International, Inc. (ECI) is one of the world's leading wire harness, electrical components, and sub-assembly suppliers for diversified industrial markets. With nearly 22,000 employees in 31 facilities spanning eight countries and four continents, ECI's “blue-chip” customer base includes many firms in the Fortune 500 across the appliance, HVAC, construction, agriculture, transportation, and critical infrastructure sectors. For more information about ECI, visit www.ecintl.com. About Promark Electronics Founded in 1987 by Syd Knecht and headquartered in Montreal, Quebec, Canada, Promark Electronics is a state-of-the-art electronics manufacturer, serving OEMs in industries with complex production processes and applications, including e-mobility, industrial technology, medical, mining, aerospace, space, and defense industries. For more information, visit www.PMK.com. About Cerberus Founded in 1992, Cerberus is a global leader in alternative investing with over $55 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com. Contacts ECI Julie Mottershead julie.mottershead@ecintl.com (314) 261-7774 Cerberus Akash Lodh Sard Verbinnen & Co. Cerberus-SVC@sardverb.com (202) 758-4263

  • CanadaBuys is here! Suppliers register today!

    July 6, 2021 | Local, Aerospace, Naval, Land, C4ISR, Security

    CanadaBuys is here! Suppliers register today!

    CanadaBuys is a new suite of online procurement services, launched by Public Services and Procurement Canada (PSPC). It opens up an exciting range of possibilities for doing business with the government. Public Services and Procurement Canada (PSPC) is using SAP Ariba, a web-based tool that allows businesses to view and bid on opportunities with the Government of Canada. CanadaBuys will ultimately replace the tendering services on the Buyandsell site. If you are used to Buyandsell, don't worry! The transition to CanadaBuys is taking place in stages, over time. For now, PSPC will continue to post tender opportunities on Buyandsell. The only difference is some of those tender opportunities will now redirect you to SAP Ariba. In order to view these tender opportunities in detail and to bid, businesses will be prompted to register for an account. Registering and completing your company profile in advance will save you time and will let you put all of your focus on preparing your bid when the time comes. Register on CanadaBuys today to join the over 3,000 suppliers already registered! CanadaBuys is here to support you through this change. For help, call, email, or chat with our Service Desk.

  • Kubasik starts new role as chief executive at L3Harris

    July 5, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

    Kubasik starts new role as chief executive at L3Harris

    Chris Kubasik replaces Bill Brown and becomes the second CEO in the history of the U.S. company, which formed in mid-2019 when Harris Corporation and L3 Technologies merged into a single business.

Shared by members

  • Share a news article with the community

    It’s very easy, simply copy/paste the link in the textbox below.

Subscribe to our newsletter

to not miss any news from the industry

You can customize your subscriptions in the confirmation email.