This week in Aerospace & Defense: Lockheed Martin adds leading US rocket & propulsion manufacturer to its portfolio

Executive Movement
Kaman Corp. announces Russell J. Bartlett as the new Chief Operating Officer
Prior to joining Kaman, Mr. Bartlett served as President and Chief Executive Officer of Textron Airborne Solutions. Read More>>
Military shipbuilder Huntington Ingalls Industries elevates Christopher Kastner to COO.

Kastner will oversee the company’s three operating divisions and work closely with the division presidents to drive execution on HII’s historic backlog. Read More>>
Doug Jankovich appointed as Vice President of Business Development at Alion Science & Technology.
He will serve the Intelligence, Surveillance, and Reconnaissance Group in this role and will be responsible for the strategic direction of all business development efforts within the Alion ISR Group. Read More>>
Lilium hires former Airbus boss
Tom Enders is joining the board of flying taxi startup Lilium. Munich-based Lilium said in November that it would set up its first U.S. hub near Orlando, putting more than 20 million Floridians within range of the winged electric aircraft that can take off vertically and cover 300 km. Read More>>

Partnership
Exolaunch integrates 30 small satellites for SpaceX dedicated rideshare mission
This partnership with SpaceX makes Exolaunch the bridge for multiple European smallsat developers and others worldwide interested in launching on the Falcon 9. Read More>>

Merger and Acquistions
TransDigm (TDG) acquires Cobham Aero Connectivity for USD 965 Mn.
The company expects to witness significant opportunities for the ongoing upgrade and retrofit activities as the demand for faster data-intensive communication continues to grow. Read More>>
Huntington Ingalls Industries acquires SIS autonomy business.
The SIS unmanned systems solutions include multi-vehicle collaborative autonomy, sensor fusion, and perception. It supports multiple development projects and demonstrations advancing autonomy in unmanned systems in the maritime, ground, and air domains. Read More>>
Lockheed Martin to acquire Aerojet Rocketdyne in USD 4.4 Bn deal.
The proposed acquisition adds substantial expertise in propulsion to Lockheed Martin’s portfolio and is said to expand on the foundation built by Lockheed Martin and Aerojet Rocketdyne over many years. Read More>>
Blue Canyon Technologies becomes part of Raytheon Technologies’ intelligence and space unit
The Colorado-based satellite and spacecraft components maker will help further Raytheon’s ability to deliver capabilities across satellite classes and orbits rapidly. Read More>>

Deals and Deal Renewal
Intelsat awarded Airbus a contract of an undisclosed sum
The contract is to design, manufacture and deliver two software-defined satellites that support various frequency bands for global communications services. Read More>>

Headlines From The Startup World

Startup Spotlight

Latest Insights & Reports

Aerospace and Defense Analysis: The aerospace and defense market size was valued at USD 770 Billion in 2019 and is expected to reach USD 790 Billion at a Compound Annual Growth Rate of 0.64% from 2019 to 2023. Europe’s year-to-year sales growth for the Aerospace and Defense industry amounted to 5.2%, with total revenue reaching USD 343.8 Bn. Read more.

STELIA Aerospace Account Intelligence Report: STELIA Aerospace designs and manufactures large sections equipped with fuselages and wings for civil and military aircraft manufacturers. STELIA Aerospace supports the big names in aeronautics with innovative global solutions. Product Engineering Services and Consulting & System Integration are their major outsourced segments. Read more.

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