DefenseNews

The first-ever World Defense Show in Saudi Arabia is a year away. Are event planners ready?

February 25, 2021
ABU DHABI, United Arab Emirates — Saudi Arabian Military Industries is the official strategic partner for the World Defense Show, a defense conference scheduled for an inaugural launch in March 2022 in Saudi Arabia, event organizers announced Monday. Saudi Arabia’s General Authority for Military Industries, which is charged with building a sustainable domestic defense sector, founded the…
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DefenseNews

The Lockheed-Aerojet deal hampers hypersonics

February 24, 2021
Recently, Lockheed Martin announced its intent to acquire Aerojet Rocketdyne to create a vertically integrated company that would, in effect, corner the hypersonic propulsion market. For Lockheed. this may be a good idea. However, in defending America, other factors must be…
DefenseNews

US Soldier Loses Appeal to Have $1,500 Drone Returned After Taking Photos of 2019 Oktoberfest

February 24, 2021
An aerial view of the Oktoberfest in Munich, Germany. (Stars and Stripes) GRAFENWOEHR, Germany — A U.S. soldier who was fined 500 euros and had his electronics confiscated after shooting aerial pictures of the 2019 Oktoberfest in Munich has lost his appeal to have his drone returned to him, court officials said Monday. The service member, whom German media reports and the Army have…
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DefenseNews

US antitrust regulators extend review of Lockheed-Aerojet deal

February 20, 2021
WASHINGTON ― U.S. antitrust regulators have extended their probe into Lockheed Martin’s proposed $4.4 billion purchase of rocket manufacturer Aerojet Rocketdyne so that the two companies can provide more information to the government, the companies announced Friday. The customary 60-day antitrust review process for the deal, announced in December, was supposed to end at midnight Thursday…
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DefenseNews

Raytheon to challenge Lockheed’s takeover of Aerojet, CEO says

February 18, 2021
WASHINGTON ― Raytheon Technologies plans to challenge Lockheed Martin’s proposed $4.4 billion takeover of Aerojet Rocketdyne with the U.S. government, CEO Greg Hayes said Wednesday. “They [Aerojet Rocketdyne] are a huge supplier to us, and if that merger actually happens, you don’t have an independent supplier on the solid-rocket-motor side. And also, I think it gives us pause as we…
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