Aerospace Group:

Greenwich AeroGroup To Acquire Aero Precision To Expand International Defense Business

Friday, January 11th, 2013

SHARE:

The aerospace holding company Greenwich AeroGroup recently said it has agreed to acquire Aero Precision Industries, LLC, expanding its capabilities and global footprint related to supporting military aircraft systems worldwide. Terms of the deal, which is expected to close in the first quarter of 2013, were not disclosed. California-based Aero Precision has more than $150 million in annual sales and more than 100 employees. Aero Precision provides aftermarket original equipment manufacturer (OEM) parts, systems and custom logistic support services for…

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]

Army

Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]