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June 8, 2017

Deals this week: AeroVironment, Northrop Grumman, COTESA

AeroVironment Inc has won a $36.5m-worth contract to supply Wasp AE micro air vehicle for the Australian Defence Force for a period of three years.

AeroVironment Inc has won a $36.5m-worth contract to supply Wasp AE micro air vehicle for the Australian Defence Force for a period of three years.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

The contractor will also provide training and logistics support to the Australian Defence Force for ten years.

The air vehicles to be supplied under the contract will be modified to meet the Australian military needs.

Northrop Grumman Corporation has awarded a five-year contract worth $90m to Orbital ATK Inc to supply composite structures for the B-2 Spirit stealth bomber.

As part of the agreement, Orbital ATK will provide non-recurring engineering and manufacture composite components for the B-2 Spirit aircraft.

COTESA GmbH has been selected by The Boeing Company to manufacture and deliver key components for the CH-47 Chinook multi-mission helicopter fleet.

"The APG-83 active electronically scanned array radar will equip 72 F-16 aircraft operated by the US Air National Guard to provide homeland defence capability."

The company will produce assemblies for the Chinook’s tunnel cover section for a period of five years.

Northrop Grumman APG-83 scalable agile beam radar has been selected by the US Air Force for the F-16 aircraft radar modernisation.

The APG-83 active electronically scanned array radar will equip 72 F-16 aircraft operated by the US Air National Guard to provide homeland defence capability.

US-based WhiteFox Defense Technologies Inc has received $750,000 from Serra Ventures, LLC in venture capital financing.

WhiteFox Defense is engaged in providing drone threat mitigation solutions for defence and security organisations.

Related Companies

Free Report
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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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