Britain's Cobham plc on Tuesday said it has agreed to acquire the radio frequency and microwave components and subsystems business of M/A-COM from Tyco Electronics [TEL] for $425 million in cash as it continues to build out its portfolio in the aerospace and defense space. The acquisition is part of Cobham's strategic plan to become a global Tier 2 supplier of integrated radio frequency front ends for radars and electronic warfare systems, the company said. Cobham, which has made 10…
Recommended
RTX Powers To Strong Second Quarter On Broad Strength
Aerospace, Shipbuilding Drive Strong Second Quarter At General Dynamics
HII Adds Outsourcing To Amphib Construction; Australian Official Visits
L3Harris Pauses IPO Of Missile Solutions Business, Says Market Undervalues
Trending
Congress Updates
Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests
The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says
The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]
White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0
The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]