A Safran Group company has secured a contract of an undisclosed value to provide tactical infrared binocular systems to the armed forces of a NATO member country. Sagem said Thursday it will build more than 200 JIM-LR long-range multifunction  binoculars and associated remote-control terminals for the military customer. JIM-LRs are designed with an open architecture and electro-optical […] More

Airbus Group and Safran have inked a memorandum of understanding to develop new space launchers for commercial and government customers through a 50-50 joint venture. Safran will combine its propulsion technologies with Airbus’ launcher systems under the joint venture, Airbus said Monday. The agreement builds on an industrial initiative led by the European Space Agency […] More

Ray Munoz, formerly a board member and chief executive officer of Safran Data Systems, has been named CEO of Spectra Aerospace & Defense, a Georgia-based producer of advanced rugged electronics services for aerospace and defense platforms. Spectra said Monday that Munoz brings to the role 25 years of leadership experience in the international aerospace and defense markets and technical experience from his over five years of military service in the U.S. Navy.

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Evercore, a New York-based global independent investment banking advisory firm, has released a monthly update highlighting previous and ongoing transactions it has supported in the aerospace, defense and government services markets. According to the report, a copy of which was received by Executive Mosaic, Evercore advised several aerospace and defense clients on mergers and acquisitions, including Aerojet Rocketdyne on its $4.7 billion sale to L3Harris Technologies.

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GE Aerospace developed a computational fluid dynamics software that could be paired with the Department of Energy’s supercomputer, Frontier, to support engine development.  The company said Saturday it conducted simulations on Frontier using the software to evaluate the performance of a novel open fan engine architecture, which is showing promise in helping reduce carbon emissions […] More

Curtiss-Wright will deliver processor modules to Manassas, Virginia-based company Progeny for use in the upgrade of a pair of U.S. Navy torpedo systems. Under a $70 million contract, Curtiss-Wright’s team will furnish the Navy’s MK54 and MK48 torpedo modernization project with Modular Open System Approach computers and digital processing modules, the defense and aerospace contractor said Wednesday. […] More

Dewberry will provide the National Oceanic and Atmospheric Administration with technical geospatial services in support of its Office for Coastal Management under a five-year, $49 million indefinite-delivery/indefinite-quantity contract. The shared-ceiling CGSC award requires the professional services firm to help OCM meet coastal resource management needs of state, local, and regional communities, Dewberry said Thursday. The […] More

A Visiongain forecast, released by ReportLinker, says military sensor technology adoption will help drive the global sensor fusion market between 2019 and 2029. ReportLinker said Thursday the market will experience growth over the next decade as military organizations seek to obtain insights from sensor data. The report also provides an analysis of the following key industry […] More

Stan Deal, president and CEO of Boeing’s global services business, has said he is working with the heads of the Chicago-based aerospace firm’s defense and commercial segments to find new growth opportunities, AINonline reported Friday. Deal said he collaborates with CEO Dennis Muilenburg; Leanne Caret, president of Boeing’s defense, space and security segment; Greg Smith, chief […] More

The European Space Agency has selected five companies to study the feasibility of using a commercial microlauncher to deploy small satellites into orbit. ArianeGroup, MT-Aerospace, ELV, Deimos and PLD Space will conduct research on their proposed concepts, ESA said Thursday. France-based ArianeGroup, a joint venture of Airbus and Safran, proposed to develop the three-stage Quick Access to Space vehicle […] More

A consortium of Airbus Group‘s helicopters business and French defense contractor Naval Group has received a contract from France’s defense procurement agency to help develop an unmanned helicopter demonstrator. Airbus said Thursday the team will conduct a study to determine potential technologies for the French military’s future Navy Airborne Drone System, called SDAM, as well as […] More

A Transparency Market Research report projects the global market for military biometric systems to experience a 7.4 percent compound annual growth rate over the next eight years due to growing national security challenges worldwide. The research firm said Tuesday it estimates that the military biometrics sector to grow from $5.6 billion in 2016 to $10.6 billion by 2025. A […] More