The Committee on Foreign Investment in the United States (CFIUS) concluded that the proposed acquisition of Wolfspeed by Infineon "poses a risk to the national security of the United States." Infineon stated in a press release "that there is a considerable risk that the transaction, as agreed, is not going to close."
AtlanTecRF, a leading global RF and microwave components and equipment manufacturer, announced the appointment of Mike Andrioff as its new North American sales manager. Andrioff will be responsible for expanding AtlanTecRF’s North American business with a specific focus on growing the company’s already successful Satcom RF Testing Equipment sales.
Astronics Corp., through its wholly-owned subsidiary Astronics Test Systems, introduced two new test instruments. The new PXIe-1802 Arbitrary Waveform Generator and the new PXIe-1803 Digitizer deliver unprecedented test capabilities and measurement accuracy in a compact, robust PXI form factor for aerospace, defense, communications, and other high-reliability applications.
As part of the FLORAKO programme modernisation, armasuisse has awarded Thales a contract to upgrade the Master radars for the Swiss Air Force. This contract, which amounts to 74 million euros, will be the main order within the broader FLORAKO radars life extension project approved by the Swiss government in 2016, is intended to extend the lifespan of the radars and to ensure operational excellence until 2030.
The U.S. Navy awarded Raytheon Co. $235 million for Standard Missile-6 all-up round production missiles and spares. Raytheon will begin delivery in 2018. The missiles will be deployed on Aegis cruisers and destroyers to support U.S. Navy fleet operations. The award funds the fourth year of full-rate production for the multi-mission missile, which recently accomplished significant testing milestones and achievements.