Yearly Archive: 2020

CRS Issues Report on US Arms Sales to Middle East

CRS Issues Report on US Arms Sales to Middle East

This report analyzes state-to-state arms sales in the Middle East with a particular focus on U.S. transfers, as authorized and reviewed by Congress. Arms sales historically have been one important means for Congress to influence U.S. foreign policy toward the Middle East. The information in this rep…
Naval Group Opens Manila Office to Market Submarines

Naval Group Opens Manila Office to Market Submarines

Naval Group, a world leader in naval defense announce the opening of a representation office in the Philippines to be operated in Manila.

The opening signifies the first step of a long-term commitment of cooperation and partnership in developing naval capabilities for the country.

Naval Group,…

CAE to Acquire TRU Simulation + Training Canada Inc

CAE to Acquire TRU Simulation + Training Canada Inc

MONTREAL — CAE today announced that it has concluded a conditional agreement with Textron to acquire TRU Simulation + Training Canada Inc. (TRU Canada) for a cash consideration of approximately US$40 million, excluding post-closing adjustments. The closing of the transaction is subject to customar…
Lockheed Closes Acquisition of I3 Hypersonics Business

Lockheed Closes Acquisition of I3 Hypersonics Business

HUNTSVILLE, Ala. — Lockheed Martin has closed its acquisition of the Hypersonics portfolio of Integration Innovation Inc. (i3), a software and systems engineering company based in Huntsville, Alabama.

This expands Lockheed Martin’s capabilities to design, develop and product integrated hyperson…

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