Aerospace/Defense
KPS Capital Partners To Acquire AM General LLC
NEW YORK, July 22, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire AM General LLC ("AM General" or the "Company") from an affiliate of MacAndrews & Forbes Incorporated. Financial terms of...
GA-ASI Announces Team SkyGuardian Australia
SAN DIEGO, July 22, 2020 /PRNewswire/ -- General Atomics Aeronautical Systems, Inc. (GA–ASI), the world's leading manufacturer of Remotely Piloted Aircraft Systems (RPAS), announces that the industry team, made up of Australian partner businesses assembled for the development and delivery of MQ-9...
Surgere: AutoSphere Gains Altitude - Faster Than Ever
CLEVELAND and TOKYO and ANTWERP, Belgium and AGUASCALIENTES, Mexico, July 21, 2020 /PRNewswire/ -- The Surgere Automotive Supply Chain Community has reached record numbers. The community's amazing growth includes 136 sites in theNorth America and 64 sites in Asia Pacific since January 2020. AutoS...
Cyient reports PAT at INR 814 Mn for the First Quarter FY 21; growth of 8.0% QoQ
HYDERABAD, India, July 17, 2020 /PRNewswire/ -- Cyient (Estd: 1991, NSE: CYIENT), a global engineering and technology solutions company, today reported its consolidated financial results for the First quarter (Q1) of FY 2021 endingJune 30, 2020. Photo - https://mma.prnewswire.com/media/1215812/C...
GA-ASI and UK MoD Sign Contract for Protector RPAS Production
SAN DIEGO, July 16, 2020 /PRNewswire/ -- General Atomics Aeronautical Systems, Inc. (GA-ASI) has signed a contract with the UK Ministry of Defence (MoD) for the manufacture and delivery of Protector RG Mk1 Remotely Piloted Air Systems (RPAS). "This is a major milestone for the MQ-9B system and t...
Averna Lauded by Frost & Sullivan for Its Holistic Product Portfolio of Highly Customizable Automated Test Equipment
Averna's deep customer focus and range of easy-to-use toolkits leverage analytics to drive meaningful operational and process improvements SANTA CLARA, California, July 8, 2020 /PRNewswire/ -- Based on its recent analysis of the North American automated test equipment systems integrators market,...
Titomic Appoints Global Defence Specialist Dr Andreas Schwer as Chairman
MELBOURNE, Australia, July 1, 2020 /PRNewswire/ -- The inaugural CEO of Saudi
Arabian Military Industries (SAMI), DrAndreas Schwer, has been appointed
Chairman of theMelbourne-based industrial-scale additive manufacturing company
Titomic (ASX:TTT)www.titomic.com
HKATG and CGWIC signed a strategic partnership cooperation agreement
HONG KONG, June 30, 2020 /PRNewswire/ -- In the 21st century, the rapid development of international commercial space industry is recognized as one of the most innovative and explosive industries. As the first commercial organization member of the International Astronautical Federation (IAF) in H...
SKF Announces Changes to Group Management
GOTHENBURG, Sweden, June 30, 2020 /PRNewswire/ -- Bernd Stephan, President, Automotive and Aerospace, has stepped down from his role in Group Management for health reasons. Responsibility for Automotive sales and the Aerospace business unit has been assumed on an interim basis byAlrik Danielson,...
GA-ASI Demonstrates Automatic Takeoff and Landing Enhancements
SAN DIEGO, June 26, 2020 /PRNewswire/ -- As part of the ongoing U.S. Air Force contract for MQ-9A Reaper modernization, General Atomics Aeronautical Systems, Inc. (GA-ASI) demonstrated three expanded Automatic Takeoff and Landing Capability (ATLC) enhancements that provide the MQ-9A with a dramat...
Global Security Industry Shifts to Service-based Solution Offerings Post-Pandemic
Security markets across countries will recover at a different pace but the outlook is promising, finds Frost & Sullivan SANTA CLARA, California, June 25, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Post-Pandemic Growth Opportunity in the Global Security Industry , finds that the secu...
UMITRON in cooperation with Tokyo Tech was selected for the JAXA Innovative Satellite Demonstration program to launch a satellite with the mission to gather ocean data for aquaculture
TOKYO, June 25, 2020 /PRNewswire/ -- UMITRON K.K. (President: Ken Fujiwara; hereinafter referred to as "UMITRON") has been selected for the innovative satellite demonstration program of the Japan Aerospace Exploration Agency (JAXA) in cooperation with the Tokyo Institute of Technology and others....
"Robbery of the Century" case selected as 2020 DNA Hit of the Year
DNA identifies members of notorious Brazilian gang in high-stakes robbery of cash transit facility SEATTLE and TACOMA, Washington, June 24, 2020 /PRNewswire/ -- Gordon Thomas Honeywell Governmental Affairs (GTH-GA) has announced that a case known as the "Robbery of the Century" was selected as t...
Global Airlines Leverage AI, Machine Learning and Blockchain to Save Costs and Generate New Revenues, Says Frost & Sullivan
Airlines and IT suppliers are investing in distribution, loyalty programs, and supply chain management SANTA CLARA, California, June 22, 2020 /PRNewswire/ -- Frost & Sullivan's recent study,Analysis of the Global Airline IT Market, Forecast to 2025, finds that the increasing expectations of pass...
Flightdocs Joins the ATP Family of Software Solutions
Flightdocs to become a part of ATP, creating a global leader of information services and software solutions focused on aircraft safety and reliability. SAN FRANCISCO and BONITA SPRINGS, Fla., June 18, 2020 /PRNewswire/ -- ATP and Flightdocs are pleased to announce the creation of one of the large...
Swedish FMV Selects iXblue's Quadrans Navigation System to Equip Its Fleet of High Speed Crafts
SAINT-GERMAIN-EN-LAYE, France, June 11, 2020 /PRNewswire/ -- The Swedish Defence Materiel Administration (FMV) has recently signed a contract with navigation company iXblue for up to 172 FOG based Quadrans gyrocompasses. Delivered over the span of 4 years, the Quadrans navigation systems will equ...
Global Spending on Defence Declines as Governments Allocate Funds to Reactivate the Economy
The US, Asia, and Europe will remain the biggest consumers of defence products, finds Frost & Sullivan LONDON, June 11, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis, Post-pandemic Growth Opportunity Analysis of the Defence Industry, presents the impact of global spending on defence un...
Global Peace Index: Global Peacefulness Falls With Sustained Rise in Civil Unrest in the Last Decade and Is Set to Worsen as Economic Impact of COVID-19 Takes Hold
LONDON, June 10, 2020 /PRNewswire/ -- Today marks the launch of the 14th
edition of the Global Peace Index from the international think-tank the
Institute for Economics & Peace
Planet Announces 50cm SkySat Imagery, Tasking Dashboard and Up to 12x Revisit
SAN FRANCISCO, June 9, 2020 /PRNewswire/ -- Planet, operator of history's largest commercial fleet of satellites, today announced three new product releases as part of their overalltasking offerings. Combined, these releases not only enhance the core imagery for analysis, but also reduce friction...
Global Commercial Aircraft Market to Focus on Innovative Digital Solutions and Leasing Post-COVID-19, Says Frost & Sullivan
Aerospace segments to invest in digital platforms for every aspect of aircraft production as customers look for turnkey solutions SANTA CLARA, California, June 3, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Post-pandemic Growth Opportunity Analysis of the Global Commercial Aircraft M...
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