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,…

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…