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…
Read more
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…
Read more
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…
Read more
DefenseNews

US Air Force’s top acquisitions exec joins Pallas Advisors

February 18, 2021
WASHINGTON ― Former U.S. Air Force acquisitions chief Will Roper has joined strategic advisory firm Pallas Advisors, the company announced Tuesday. A champion of emerging technologies, Roper led efforts to bring commercial technologies into the military through the…
DefenseNews

Lockheed set to integrate base kit for US Army’s combat vehicle protection system

February 17, 2021
WASHINGTON — Under a recent contract award with a $30 million ceiling, Lockheed Martin will begin integrating and formally testing its open-architecture processor designed to control the U.S. Army’s future combat vehicle protection system, the company announced Feb. 16. The Army is determining the specific plans and schedules for integration and testing of Lockheed’s base kit for its…
Read more