Page 558 - Fire Control News Today

The next step includes full-scale missile fabrication, assembly and flight testing from a launch vehicle.

U.S. Agrees to Sell AH-64E Apache Gunships to Kuwait for $4B Our Bureau 2249 AH-64E Apache attack helicopter. The United States today approved several high-ticket arms sales to the Middle East including one for a bevy of AH-64E Apache attack helicopters to Kuwait for $4 billion. Kuwait wants to buy 8 new AH-64E Apache Longbow Attack Helicopters and plans to remanufacture the 16 AH-64 Delta-models it purchased in 2005 into the E-model configuration. The Apaches will come equipped AN/ASQ-170(V)...

Florida cities experiment with underground waste containers Out-of-Sight Trash Three years ago, Kissimmee installed its first underground waste containers behind city hall. Today, the city has 11 such systems around town and recently added four subterranean bins at the Hamilton at Lakeside apartments, making it the first apartment complex in North America to use the underground waste infrastructure, which was developed by an Italian company. Other Florida cities are also experimenting with the ...

Advertisement Lockheed Martin Corporation announced Dec. 20 it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. This represents a post-dividend equity value of $4.6 billion and a total transaction value of $4.4 billion including the assumption of net cash. As part of approving the transaction, Aerojet Rocketdyne announced a...

The service is getting closer to having a powerful and functioning hypersonic missile deployed. Defense contractor Lockheed Martin and the United States Air Force announced the successful test of an Air Launched Rapid Response Weapon (AARW) instrumented measurement vehicle (IMV), which was flown captive-carry on a Cold War era B-52H Stratofortress bomber. The Dec. 19 test of the hypersonic weapons platform took place at Edwards Air Force Base in California, and followed the successful test flig...

Lockheed Martin to acquire Aerojet Rocketdyne for $4.4B in 2021 Our Bureau 1711 Lockheed Martin said today it plans to acquire Aerojet Rocketdyne for $4.4 billion next year. The company announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. This represents a post-dividend equity value of $4.6 billion and a total tran...

By Greg Waldron2020-12-21T02:38:00+00:00 Lockheed Martin will acquire Aerojet Rocketdyne for $4.4 billion, in a bid to beef up its capabilities in advanced propulsion. The deal is seen as enabling Lockheed to grow in areas such as hypersonics, tactical missiles, integrated air and missile defence, strategic systems, and space exploration. The company is already a key element of Lockheed’s supply chain. Source: NASA An artist’s impression of NASA’s developmental Space Launch System, whic...

U.S. Army General Dynamics Land Systems Inc., Sterling Heights, Mich., was awarded a $4,620,000,000 fixed-price-incentive contract to produce Abrams M1A2 SEPv3 tanks.  Bids were solicited via the internet with one received.  Work locations and funding will be determined with each order, with an estimated completion date of June 17, 2028.  The U.S. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity (W56HZV-21-D-0001).   U.S. Navy Koa Lani JV LLC,* Orlando, Fla.,...

Lockheed’s Proposed Aerojet Rocketdyne Purchase Sets Early M&A Test for Biden The new administration will weigh in on a further consolidation of the U.S. defense industry. The Biden administration’s approval — or disapproval — of Lockheed Martin’s planned $4.4 billion acquisition of rocket engine maker Aerojet Rocketdyne could shape defense industry consolidation for years to come. If approved, the deal would mean the absorption of the last independent American weapons-grade r...

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