Tag Archives: transaction

Northrop Wins Law Enforcement Agency Helicopter Sensor Contract; Marco Clochiatti Comments

A Nothrop Grumman subsidiary has won a $1.8 million contract to provide new sensor systems to Finmeccanica subsidiary AgustaWestland for use on helicopters flown by Italy’s national law enforcement agency. The Guardia di Finanza intends for the LISA-200W system to replace older attitude heading reference systems on the Agusta-Bell 412 helicopters, Northrop …

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Nokia to Buy Out Siemens’ Share in JV

Nokia will purchase half of Siemens AG’s shares in the companies’ joint venture under a definitive contract expected to be finalized by the third quarter of this year. Nokia will take full ownership of Finland-based Nokia Siemens Networks and intends establish an independent unit with a new trademark to be …

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Boeing Makes Billion-dollar Sale on 777 Freighters

Boeing has secured a deal with Lufthansa to deliver five Boeing 777 freighters valued at $1.35 billion. The transaction was made in an effort to help Lufthansa modernize and expand its fleet. These planes are hot on the market right now, with 88 already ordered. The plane is the world’s …

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