General Atomics acquires data analytics company CCRi
US defence company General Atomics (GA) has announced the acquisition of software engineering and data analytics company Commonwealth Computer Research…
05 Apr 2021
Elbit buys BAE Systems subsidiary BAE Systems Rokar
Israeli defence company Elbit Systems has acquired BAE Systems Rokar International for a cash consideration of approximately $31m. BAE Systems Rokar International is the US-headquartered subsidiary of BAE Systems. Jerusalem-based…
01 Mar 2021
L3Harris to sell certain business units to CAE and RENK for $1.45bn
L3Harris Technologies has signed a definitive agreement to divest its military training business to CAE for a cash consideration of $1.05bn. The military training business generates annual revenue of approximately…
23 Feb 2021
AeroVironment completes purchase of Arcturus UAV for $405m
AeroVironment has purchased high-performance unmanned aircraft system (UAS) manufacturer Arcturus UAV in a transaction valued at around $405m. The acquisition will enable AeroVironment to expand its portfolio of UAS into…
15 Feb 2021
Czech firearms producer CZG to acquire US arms maker Colt
Czech firearms producer Ceska Zbrojovka Group (CZG) has agreed to acquire 100% outstanding equity interest in US-based arms manufacturer Colt Holding. Under the definitive agreement signed by the companies, the…
02 Feb 2021
Northrop Grumman completes divestment of IT services business for $3.4bn
Northrop Grumman has completed the divestment of its IT services business to an affiliate of US-based private equity firm Veritas Capital for $3.4bn. As previously agreed, the divested business will…
02 Feb 2021
McKean Defense Group acquires Mikros Systems
McKean Defense Group has completed its previously announced acquisition of Mikros Systems, a company that provides hardware and software solutions for advanced maintenance applications. The deal closed after Mikros secured…
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