Siemens has moved to expand its oil and gas and decentralized power generation portfolio by agreeing to acquire Rolls-Royce Energy‘s gas turbine and compressor business for $1.3 billion. The companies intend to complete the deal by December and the transaction includes Rolls-Royce’s 2,500 aero-derivative gas turbines, which generated estimated revenues of $1.5 billion in Rolls-Royce’s 2013 fiscal year, Siemens said Tuesday. Rolls-Royce built […] More

Four Lockheed Martin-built F-35B aircraft have arrived at the Royal Air Force Marham in the U.K. from the U.S. Marine Corps‘ facility in Beaufort, S.C., two months ahead of schedule. U.K.’s Lightning Force aims to achieve initial operational capability for the short-takeoff-and-vertical-landing jets by the end of 2018, Lockheed said Wednesday. The F35Bs are scheduled to undergo tests with Queen Elizabeth-class carriers later this […] More

BAE Systems has teamed up with original equipment manufacturers of power and propulsion systems to establish a team that will aim to support Australia’s naval programs and shipbuilding efforts. P&P team members will work together to provide expertise and capacities for Australia’s defense industry as well as help address the country’s requirements for power and propulsion […] More

BAE Systems has awarded manufacturing contracts worth approximately $52.4 million to 15 international suppliers for diesel and gearbox filtration, pipework, fittings and vibration monitoring equipment that will support Type 26 frigates. The company said Thursday the globally deployable, multi-mission Type 26 warship, which features a modular design and open systems architecture, will support various operations including high […] More

Jeff Kerridge, a 31-year nuclear industry veteran, has been named senior vice president of business development in the Nuclear & Environment (N&E) Strategic Business Unit within AECOM’s Management Services group, the company announced Tuesday “Jeff’s understanding of the nuclear industry for the U.S. Department of Energy and U.K. Ministry of Defense is invaluable,” said John Vollmer, […] More

Andre Fischer, former director of corporate marketing and sales management at Lufthansa Technik, has joined AAR as vice president of programs, business development and strategy. AAR said Oct. 10 that Fischer is a seasoned aviation industry growth strategist who has a track record of helping companies to identify business prospects, cultivate industry partnerships and implement development strategies. He worked at Lufthansa […] More

An estimated 150 small and medium-size Australian enterprises will offer their products and services in a meeting with BAE Systems and 20 of its suppliers as the SMEs seek to participate in the Australian navy’s Type 26 Global Combat Ship maritime defense project. BAE said Monday it currently works to mature the design for the ships under the Type 26 program and […] More

Warren East, formerly CEO of semiconductor intellectual property supplier ARM Holdings, has joined the advisory board of Oxehealth, a spin-out from the University of Oxford’s Institute of Biomedical Engineering. East will work to help Oxehealth drive its non-contact vital signs technology into the market and pursue partnership opportunities, Oxehealth said Thursday. He will also collaborate […] More

The United States has the largest defense expenditures among all nations globally. In the year 2022 alone, the nation’s expenditure amounted to a staggering $877 billion—more than the next ten countries combined at $849 billion. As we delve into the year 2023, defense allocation accounts for 16.4% of the federal government’s budget, translating to a […] More

Rolls-Royce veteran Thomas Bell has been selected by Leidos’ board of directors to succeed Roger Krone, a 10-time Wash100 Award winner, as CEO. Krone, who also serves as chairman of Leidos, will continue serving as chief executive until the transition goes into effect on the planned date of May 3, the Reston, Virginia-based company announced on Monday. “Tom’s exceptional track […] More

The Department of Defense’s Strategic Capabilities Office has awarded BWX Technologies a potential $300 million contract to construct a nuclear microreactor. BWXT is expected to have the Project Pele full-scale transportable microreactor prototype, the first of its kind in the U.S., ready for the Idaho National Laboratory’s review by 2024, the Lynchburg, Virginia-based company said Thursday. Joe Miller, […] More

The accreditation body of the Department of Defense's Cybersecurity Maturity Model Certification has formed the Industry Advisory Council that will be responsible for providing CMMC-AB and DOD with CMMC implementation feedback, input and recommendations on behalf of organizations seeking certification (OSCs).

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