Rheinmetall has bared plans to acquire Loc Performance, a Plymouth, Michigan-based manufacturer of components for military and civilian vehicles, to strengthen the German arms producer’s U.S. market presence. The company said the acquisition price will be based on Loc Performance’s enterprise value of $950 million. According to Rheinmetall CEO Armin Papperger, the move, subject to...
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Category: North America
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Poland OKs Apache Helicopter Acquisition Under $10B US Foreign Military Sales Deal
The Polish government has signed a letter of offer and acceptance formalizing its intent to acquire 96 Boeing AH-64E Apache combat helicopters under the United States’s Foreign Military Sales program. According to Bloomberg, the $10 billion agreement is a major military purchase by Warsaw. Vince Logsdon, vice president of international business development at Boeing, said...
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Canada Building New Quick Reaction Alert Facility to Support NORAD Operations
A new $120 million quick reaction alert facility under construction at Canadian Forces Base Bagotville will house a new fleet of flight-ready CF-35A fighter jets to enhance support for North American Aerospace Defense Command operations. NORAD, a joint organization between the United States and Canada, conducts aerospace warning, aerospace control and maritime warning missions to...
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US Approves Potential $19B Sale of F-15 Jets, Upgrades to Israel
The U.S. Department of State has authorized the potential sale of F-15 fighter jets and related equipment to Israel for an estimated $18.82 billion. Israel requested 50 new F-15IA aircraft and “mid-life modification kits” to upgrade its 25 existing F-15Is to F-15I+s. The package also includes engines, radars, missiles and other military equipment, with deliveries expected...
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Reducing Classification Barriers to US Space Programs Can Boost International Collaboration, SSC Official Says
Easing the classification of some U.S. military space programs and missions can help strengthen the international space supply chain, an effort that Space Systems Command is now working with U.K. and Canadian stakeholders, SSC spokesperson Edgar Nava told Defense News. Nava said SSC also expects to collaborate with other countries in creating the space supply...
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CACI Names Dan Parr as Consumer, Market Intelligence SVP
CACI Ltd has promoted Dan Parr to senior vice president for consumer and market intelligence in the United Kingdom. Parr, who announced his appointment in a LinkedIn post on Monday, was previously a company vice president responsible for leading a team of data and analytics experts who provide data services, software and consultancy to meet...
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US Army Demos Allied Interoperability in NATO’s Paladin Strike Military Drills
The U.S. Army deployed its 2nd Battalion, 12th Cavalry Regiment, 1st Armored Brigade Combat Team, 1st Cavalry Division to the Paladin Strike field exercise in Latvia from Aug. 5 to 8 to demonstrate coordinated land combat tactics with NATO allies. Warfighters from Canada, Latvia, Romania, Spain and the United Kingdom also participated in the exercise...
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AUKUS to Develop AI-Enabled Solution to Improve Target Detection, Decision-Making Process
The trilateral security agreement between Australia, the United Kingdom and the United States continued to advance the development of resilient and autonomous artificial intelligence technology through a new round of testing during Project Convergence Capstone Four. The U.S. Army-hosted project, a two-phase multinational experiment held in Austin, Texas, in February and March, was designed to...
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U.S., Israel Award Grant for Quantum Computing Collaboration
California-based quantum software firm BlueQubit and Israeli hardware developer Quantum Art have secured a $2.2 million grant from the U.S.-Israel BIRD Foundation to advance quantum computing technology. Under a partnership, the two companies will seek to develop and optimize quantum machine learning algorithms and quantum processor configurations over the next two years to accelerate advancements...
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Lockheed Martin Delivers First of Five C-130J Super Hercules to New Zealand
New Zealand has received the first of five C-130J Super Hercules tactical airlifters from Lockheed Martin. The C-130Js, purchased through a Foreign Military Sale agreement with the U.S. Air Force to replace the New Zealand Defence Force’s C-130H planes, will be operated by the Royal New Zealand Air Force’s No. 40 Squadron at RNZAF Base...