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 News by Topics: Business

  1. A US airman prepares to do an inspection on a TPS-75 radar in 2012. The TPS-75 is being replaced by the Three-Dimensional Expeditionary Long-Range Radar (3DELRR) program. Staff Sgt. Nathanael Callon / US Air Force

    3DELRR Illustrates New Export Reality

    When the US Air Force selected Raytheon to produce its next-generation expeditionary radar system last week, it represented a big win for the Massachusetts-based company. But it was also a milestone for the Pentagon.

    • Oct. 14, 2014
  2. Thales Groups' interest in the Middle East is part of a strategy laid out by Thales Chief Executive Jean-Bernard Lvy. Miguel Medina/ / AFP via Getty Images

    Thales Makes Big Mideast Push

    French multinational defense giant Thales is investing in developing industrial capabilities in the Middle East, according to a senior company executive.

    • Sep. 17, 2014
  3. Airbus Group CEO Tom Enders said the moves followed a strategic review at the group last year. Eric Piermont / AFP via Getty Images

    Airbus Announces Divestment of Some Defense Subsidiaries

    European aircraft manufacturer Airbus said Tuesday that it would sell off several subsidiaries at its defense division to focus on its core businesses of space activities, military planes and missiles.

    • Sep. 16, 2014
  4. Frank Haun is CEO of German defense technology group Krauss-Maffei-Wegmann. Jacques Demarthon/ / AFP

    Interview: Frank Haun, CEO of Krauss-Maffei Wegmann

    Germany's Krauss-Maffei Wegmann (KMW) and French Nexter recently announced their intent to create a 50-50 joint holding company. The owners of the two European land defense systems providers met on July 1 in Paris to sign a heads of agreement.

    • Sep. 9, 2014
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