Tactical AirDefense Services, Inc. , an aerospace/defense services contractor that offers tactical aviation services, aircraft maintenance, and other aerospace/defense services to the United States and foreign militaries, has closed the acquisition of Northrop TF5-1 Corp., a military aircraft holding company, as a wholly-owned subsidiary of TADF. Through the acquisition of Northrop, TADF has acquired ownership…

Boeing has updated its DataMaster geospatial data management software with improved map, terrain and full-motion video management so that defense and Intelligence Community customers can better protect U.S. and allied citizens and assets around the world. DataMaster 5.2 supports emerging industry-standard image formats and faster video processing and analysis. “Our continued investment in DataMaster enables…

Raytheon and the U.S. Army achieved excellence in recent flight tests of the tube-launched, optically-tracked, wireless missile. In September, the team scored its 100th TOW hit, which marked the successful engagement of 100 out of 100 targets. During the testing program, which began in 2011, several missiles hit targets beyond 4,000 meters with zero inches…

TransDigm Group Incorporated has entered into a definitive agreement with United Technologies Corporation to acquire the pump & engine control systems business of Goodrich (Goodrich Pump & Engine Control Systems, for approximately $236 million in cash. The acquisition, subject to regulatory approvals and other customary closing conditions, is expected to close late in the current…

Raytheon’s new-production Patriot Air and Missile Defense System has received the U.S. Army’s final stamp of approval after undergoing stringent testing. During the testing, Patriot’s performance was outstanding when subjected to challenging climatic and electromagnetic environments. “This approval validates the modernized Patriot system’s readiness to counter evolving threats and protect war fighters and allies in…

Boeing projects the world’s airlines should see reasonable liquidity and pricing for new-aircraft delivery financing in 2013 even as jet builders ramp up production to meet demand, the manufacturer announced in London, England, Dec. 4 in issuing its fifth annual finance market forecast. “We expect that despite economic and political challenges, global air travel will…

Raytheon was awarded a $1.5 million Defense Advanced Research Projects Agency contract for phase one of the agency’s Space Enabled Effects for Military Engagements (SeeMe) program. During the next nine months, the company will complete the design for small satellites to enhance warfighter situational awareness in the battlespace. The SeeMe program will provide useful on-demand…