Aerospace and Defense Channel

X-Band Radar Market Worth $5.61B by 2021

The emergence of electronic and network centric warfare, replacement of legacy systems resulting in the automaton of radar systems, territorial conflicts and geopolitical instabilities, and sea-based X-Band radars, among others, are driving the demand for the X-Band radar across the globe.

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Leonardo-finmeccanica Acquires Sistemi Dinamici

Leonardo-Finmeccanica acquired the full control of Sistemi Dinamici S.p.A from IDS S.p.A on December 23, 2016. The control of the company, which involved the remaining 60 percent of shares, is aimed at further strengthening the commitment of Leonardo in unmanned products thanks to the acquisition of the new unmanned lightweight helicopter SD-150 Hero programme.

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OneWeb Raises $1.2 Billion to Fund Satellite Production

OneWeb MicrosatelliteOneWeb Ltd., founded in 2012 with the goal of providing affordable internet access for everyone on the planet using a constellation of 720 low earth orbit (LEO) satellites, announced it has secured $1.2 billion to fund satellite development and the construction of a high volume satellite production facility in Exploration Park, Fla.

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