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03 Feb 2021

Cobham aerial refuelling wing sold to Eaton

Cobham’s aerial refuelling wing Cobham Mission Systems (CMS) has been sold to US-headquartered diversified industrial manufacturer Eaton for $2.8bn, 14 times the company’s 2020 earnings. US private equity fund Advent…

22 Dec 2020

Raytheon Technologies acquires small satellite maker Blue Canyon

US aerospace and defence company Raytheon Technologies has acquired small satellite manufacturer and mission services provider Blue Canyon Technologies (BCT). The acquisition follows the announcement of a definitive agreement reached…

21 Dec 2020

Lockheed Martin to acquire Aerojet Rocketdyne in $4.4bn deal

Headquartered in California, Aerojet Rocketdyne focuses on manufacturing aerospace and defence rocket engines. The company has 15 primary operations sites across the US. Last year, Aerojet Rocketdyne posted annual revenue…

26 Nov 2020

Lockheed Martin acquires Hypersonics portfolio of i3

Lockheed Martin has completed the acquisition of software and systems engineering company Integration Innovation Inc’s (i3) Hypersonics portfolio. The transaction was announced last month by Lockheed Martin. This deal is…

10 Nov 2020

Civil aerospace decline cuts into Meggitt’s finances

BAE Systems has awarded Meggitt a £4.2m contract to supply nose radome technology for the Eurofighter Typhoon’s Multi-Function Array radar system. The radome developed by Meggitt protects instrumentation from environmental…