[ad_1] WASHINGTON — The U.S. defense division of European aerospace company Airbus said it launched a new business unit aimed at the surging market for military drones. Airbus U.S. Space…
Tag: defense-industry
RTX sells cybersecurity, intelligence business unit for $1.3 billion
[ad_1] WASHINGTON — Defense company RTX said it’s selling its cybersecurity business for $1.3 billion to an unnamed buyer. The sale of the Cybersecurity, Intelligence and Services division was disclosed…
Sweden’s Saab snags Silicon Valley-based CrowdAI
[ad_1] WASHINGTON — Swedish defense company Saab AB acquired artificial intelligence firm CrowdAI, again expanding its footprint in the fast-growing sector. The deal’s closing was announced Sept. 7. No financial…
Swedish defense industry bosses eye NATO business dividend
[ad_1] HELSINKI — Defense industry chiefs in Sweden, led by Saab’s chief executive Micael Johansson, are lobbying for reform of the country’s strict military materials export laws to help local…