Tag Archives: aerospace and defense

Deloitte and the Aerospace Industries Association have published a joint report that says cooperation between the public and private sectors could help the emerging air mobility market grow into a $115 billion industry by 2035.

S3 International has rebranded as S3 AeroDefense to emphasize the company's target market for aircraft spares and repair services.

Dan Antal, formerly senior vice president and general counsel for civil group at Leidos, has joined Rolls-Royce as general counsel for defense and North America business. He will serve on the board of Rolls-Royce North America, lead general counsel teams across the U.S. and oversee the company's special security agreement with the Department of Defense.

Oceaneering International has reorganized its business units into five operating segments and will report financial results for the quarter ending Sept. 30 in accordance with the realignment.

Aerospace and defense contractors have come up with ways to enable their interns to work virtually as they continue their efforts to build up their workforce amid the coronavirus pandemic, Government Executive reported Tuesday.

Exostar has launched a working group that will work to modernize supply chain operations in the aerospace and defense sectors.

General Motors' defense business plans to leverage the parent company's commercial research-and-development efforts to support its work in defense and aerospace areas, National Defense reported Thursday.

Mercury Systems has made a strategic investment of $15M to expand its custom microelectronics business and deliver commercial silicon technology platforms to the Department of Defense.

Thomas Kennedy, chairman and CEO of Raytheon, told Defense News in an interview published Wednesday that he and Greg Hayes, chairman and CEO of United Technologies Corp., met with President Donald Trump on June 10 to explain that the proposed Raytheon-UTC combination is complementary and not competitive.

Artificial intelligence, machine learning, predictive analytics, digital twins, internet of things and other intelligent technologies that use and process data could provide actionable insights that could help aerospace and defense companies gain visibility into the supply chain and facilitate the decision-making process.

The Albers Group and Sodius have partnered with the goal to help defense and aerospace organizations implement a model-based engineering approach by combining systems and unified modeling languages.

Washington, D.C.-based Enlightenment Capital has raised $250M in capital commitments for its third fund, exceeding the private investment firm's $200M target. The completion of Fund III will allow the company to continue to carry out its strategy to invest in middle-market firms in the aerospace, defense and government markets, Enlightenment Capital said Thursday.

Timothy Alden, a more than 20-year defense, aerospace and government services industry veteran, has joined Macquarie Capital as a managing director.

Mercury Systems will offer a full-stack security platform that Intel and Lockheed Martin have jointly developed to help clients secure mission data from cyber attacks.

A Deloitte article says aerospace and defense companies should focus on four key areas to achieve digital transformation and one of those is implementing agile production and predictive quality controls in response to evolving demands. A&D companies should also create new business models, advance collaboration with the supply chain and protect data and intellectual property from cyber vulnerabilities, according to the article published Tuesday.