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Aerospace and Defense Channel

ITT Exelis announces agreement to acquire C4i Pty. Ltd.

ITT Exelis has signed a definitive agreement to acquire C4i Pty. Ltd. (C4I) based in Melbourne, Australia, from the Longreach Group Ltd. for an enterprise value of approximately USD 16.8 million. Pending Longreach Group shareholder approval, the transaction is expected to close in the first quarter of 2013 subject to customary closing conditions and regulatory approvals. The acquisition is not material to Exelis 2012 results.


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Defense Spending and the Looming Fiscal Cliff - A Three-way Heavyweight Fight Between Taxes, Entitlements and Defense

Can we make the right choices to fund our military in the midst of the fiscal challenges our nation faces?
Are we approaching a national disaster for our future Military Budgets, or is there a slim chance that an acceptable compromise is still possible to “avoid the unavoidable” – the mindless cuts of across the board sequestration?
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Who Turned Out the Lights? – EMP Missiles Become a Reality

Just like the new TV series Revolution, all electronic devices in an area can now be immobilized in the with an electromagnetic pulse (EMP) bomb or missile.  Unlike the TV series though, it is only temporary.  The EMP bomb or missile has been a weapon envisioned for many years but for the first time (that we know of) Boeing has demonstrated an EMP bomb with positive real world results.  They announced the testing results on Sept 22 followed by a video of the demonstration released on Oct 22.  It is actually surprising how little coverage this has received since this is a significant achievement.
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Crane Aerospace & Electronics appoints Greg Gomez-Cornejo VP for operations

Crane Aerospace & Electronics, a segment of Crane Co., has announced the appointment of Greg Gomez-Cornejo as vice president of operations of the Electronics Group of Crane Aerospace & Electronics. In his role, Gomez-Cornejo is responsible for operations and supply chain for all of Electronics Group locations, including Beverly, Massachusetts, Chandler, Arizona, Ft. Walton Beach, FL, Redmond, WA, West Caldwell, New Jersey, Kaohsiung, Taiwan and San Jose, Costa Rica. He will be located in Redmond, WA. 


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