United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan to either sell or spin […] More

General Dynamics has completed development, initial integration work and tests of the bearer network and basic ground terminal hardware and software for Increment A3 of NASA‘s Space Network Ground Segment Sustainment program. The company said Monday it performed work at its SGSS development and test laboratory in Arizona, which provides simulations of daily operations at a live NASA Space Network ground […] More

Kathleen Alyce Waters, formerly a partner at Morgan, Lewis & Bockius, has joined Health Net as senior vice president, general counsel and secretary. She will lead the company’s corporate legal functions and report to President and CEO Jay Gellert when she starts on April 27, Health Net said Wednesday. Waters will succeed the retiring Angelee Bouchard. […] More

A new report by Bluestone Capital Partners indicates an improving market performance for the defense industry in 2015 after almost five years of being outperformed by the aerospace industry. The company said that businesses in the aerospace and defense sector with significant defense exposure have achieved a median trading multiple of at least 10-times earnings before interest, taxes, depreciation and amortization this year […] More

Patricia Munchel serves as senior vice president and chief human resources officer at PAE and oversees talent strategy and infrastructure designed to support the company’s more than 15,000 employees worldwide. She came to PAE in October 2014 after working as an HR executive in the information technology services business of Harris Corp. Munchel joined Harris […] More

A Transparency Market Research report predicts global demand for counterterrorism and cybersecurity equipment will trigger a 5.6 percent compound yearly growth in the homeland security market over the next five years. The value of the HS market is projected to grow from almost $246 billion in 2014 to approximately $364 billion by 2020, the research […] More

Exelis is set to launch the company’s new global aviation services business and exhibit a suite of integrated services at the 2015 World ATM Congress from March 10 to 12 in Madrid, Spain. The new aviation business spans voice-over-Internet-protocol communication products, air traffic queue optimization service, airport and airlines operations management tools, terrestrial aircraft surveillance […] More

The MACH37 cybersecurity accelerator has begun a 90-day session to mentor cybersecurity startup businesses on developing cyber technologies with $50,000 in investment. MACH37 selected Anatrope, Atomicorp, JeKuDo, Nelson-Harris and Shevirah for the Spring 2015 session based on the companies’ technology and approach to solving security issues, MACH37 said Wednesday. Rick Gordon, managing partner at MACH37, […] More

A new report from ASDReports expects advancements in sensor technologies to influence the military electro-optic/infrared systems market in the coming years. The market analyst said EO/IR systems will register a year-over-year growth of 7.71 percent to become a $16.35 billion industry by 2020, driven by increased use in surveillance operations and as part of a close in weapons system. […] More

ASDReports projects communication equipment to dominate the air traffic control equipment market between 2014 and 2020 and expects China to hold the biggest market share throughout the forecasted period. The report predicts the construction of new airports, airport upgrades, increase in passenger and freight traffic, escalating aircraft movements, technological advancements and safety requirements to drive the market […] More

A new PwC report on the mergers and acquisitions in aerospace-and-defense industry says deal activities increased in 2014 compared to 2013 and the number of transactions worth at least $1 billion doubled from the prior year. The firm’s Mission Control report, authored by PwC Global A&D Leader Guillaume Rochard and U.S. A&D Leader Chuck Marx, says the total deal value reached $22.3 billion in 2014, up from the $14.3 […] More

A new Research and Markets report forecasts that the market for military electro-optical and infrared systems will climb in value at a 7.71 percent compound annual growth rate to reach $16.35 billion revenues by 2020. The company said Thursday that strategies to establish uncontested market space and increased military spending will drive fast-paced growth for the EO/IR market, particularly in the […] More