December 2018

Industry Week in Review – December 21, 2018 Summary President Trump reverses course abruptly pulls troops out of Syria. Following the decision, Secretary of Defense James Mattis announced his retirement.  Moreover, the Carlyle Group announced it will purchase StandardAero from Veritas Capital. Additionally, NASA announced a significant...

Industry Week in Review – December 14, 2018 Summary President Trump reverses course and tells Defense Secretary Jim Mattis to submit a $750 billion budget proposal.  The decision over whether the Space Force will be a sixth branch of the military has been decided.  In addition, federal...

Industry Week in Review – December 07, 2018 Summary Elon Musk’s SpaceX successfully launched its 19th rocket for 2018, striving to make space exploration more cost effective. CIA CIO John Edwards emphasized the importance of an efficient, data-centric workforce. The DoD and GSA announced that a request...

Industry Week in Review – November 30, 2018 Summary A little over a year after its $30.0 billion acquisition of Rockwell Collins, United Technologies Corporation (“UTC”) announced a decision to break itself up to focus on pure, aerospace opportunities.   In other A&D news, German armored vehicles-maker Rheinmetall...

Industry Week in Review – November 23, 2018 Summary India is expected to finalize its agreement with Russia to purchase S-400 air-defense missile systems for over $5 billion.  Moreover, the United States sold more than $900 million worth of missiles to Japan and NATO’s Support and Procurement...

Industry Week in Review – November 16, 2018 Summary International and domestic defense spending continues to increase as Australia has chosen General Atomics Aeronautical Solutions to provide its next remotely piloted aircraft and the Pentagon has amended its F-35 contract vehicle to allow block purchases.  In addition,...

Industry Week in Review – November 9, 2018 Summary Democrats recaptured the House of Representatives, while Republicans expanded their majority in the Senate in the mid-term elections. Bombardier sells of its Q-series turboprop passenger business unit to Viking Air amid its restructuring. Various corporations and executives were...

KippsDeSanto & Co. Industry Week in Review – November 02, 2018 Summary This week the U.S. Department of Defense announced its end of year budget numbers for the Military Intelligence Program.  In the commercial Aerospace sector, narrow-body aircraft orders took a back seat as several Asian airlines...

KippsDeSanto & Co. Industry Week in Review – October 26, 2018 Summary Several aerospace and defense and government technology solutions companies announced positive earnings this week. Healthy global air travel and rising military budgets were cited as primary drivers behind the strong earnings reports. Moreover, the U.S...

KippsDeSanto & Co. Industry Week in Review – October 19, 2018 Summary On the heels of the Esterline Technologies / TransDigm deal, L3 Technologies has entered into an agreement to combine with Harris Corporation to form another major player in the defense industry.  In addition to an...