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…

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…

Northrop Grumman Systems Corp., San Diego, California, has been awarded a $4,800,000,000 indefinite-delivery/indefinite-quantity contract for Global Hawk development, modernization, retrofit and sustainment activities for all Air Force Global Hawk variants.

This contract provides for management…