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Lockheed Martin Names Kenneth R. Possenriede Executive Vice President and Chief Financial Officer

BBETHESDA, Md. Lockheed Martin's board of directors has approved the appointment of Kenneth R. Possenriede, 58, as Executive Vice President and Chief Financial Officer, succeeding Bruce L. Tanner, who intends to retire in mid-2019....

Helping Astronauts Breathe in Space with RUAG and Micro-algae

NYON, SWITZERLAND. One of the top challenges of long-term human space flight is life support. If humans ever want to  travel to Mars (or beyond), they will need to minimize the re-supply of essential...

Lockheed Martin and Airbus Sign Aerial Refuelling Memorandum of Agreement

  MADRID.Lockheed Martin and Airbus have signed an agreement to jointly explore opportunities to meet the growing demand for aerial refuelling for US defence customers. The companies will seek to provide aerial-refuelling services to address any...

Rostec Takes Part in EDEX 2018, the First Defense Exhibition in Egypt

  CAIRO. Rostec State Corporation and its holding companies have been taking part in EDEX 2018, the first defense exhibition in Egypt, in the Egyptian capital city of Cairo from December 3-5. The exhibition features modern...

Rostec Develops Cooperation with India in Space Sector

  ROSTEC has supplied a secondary mirror for the telescope of the Indian Mount Abu InfraRed Observatory (MIRO). The mirror was produced at Lytkarino Optical Glass Factory (LZOS), one of the plants of a high-tech...

Barbara Bergmeier Appointed Head of Operations for Airbus Defence and Space

Munich. Airbus Defence and Space has appointed Barbara Bergmeier, 50, as Head of Operations and Member of the Executive Committee, effective December 1. She succeeds André-Hubert Roussel, 53, who will become Chief Executive Officer...

Elbit Systems Completes Acquisition of IMI Systems

  HAIFA, ISRAEL. Elbit Systems Ltd. ("Elbit Systems") announced on November 25 that it completed the acquisition of IMI Systems Ltd. (IMI) for a purchase price of approximately $495 million (NIS 1.8 billion), with an...

New Access to Space: RUAG Space Signs Agreement with Australian Rocket Company Gilmour Space

ZÜRICH, QUEENSLAND. The agreement, the first of its kind in Australia, explores the use of RUAG Space’s new range of FlexLine carbon composite products in Gilmour Space’s proprietary hybrid rockets. The Queensland-based company is...

Saab to Deliver Camouflage Systems to the US Army

SAAB HAS received an order to deliver Ultra Lightweight Camouflage Net Systems (ULCANS) for use by the US Army. The order value is approximately USD 66 million (approximately SEK 586 million). Deliveries are expected...

Boeing, SparkCognition to Launch Joint Venture SkyGrid

  AUSTIN, Texas. Boeing and SparkCognition on November 20 announced plans to launch SkyGrid, a new company that will enable the future of urban aerial mobility. Based in Austin, Texas, SkyGrid will develop a software...

Belgium Government Selects GA-ASI Unmanned Aircraft

  BRUSSELS. General Atomics Aeronautical Systems, Inc. has been notified that the Government of Belgium has approved Belgian Defense to begin negotiations with the US Government to acquire the MQ-9B SkyGuardian Unmanned Aircraft System (UAS). “We...

US Navy Commissions Littoral Combat Ship 11 (Sioux City)

ANNAPOLIS, Md.  The U.S. Navy commissioned USS Sioux City (LCS 11) – the nation's sixth Freedom-variant Littoral Combat Ship (LCS) – at the United States Naval Academy on November 17. This milestone places the ship, built by...

RADA Announces $12 Million in New Orders

NETANYA, ISRAEL. RADA Electronic Industries Ltd - a leader in the development, production and sale of tactical land radar for force and border protection - on November 13 announced the receipt of over $12...
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