Saab delivers first Red Hawk airframe section
Aft airframe section shipment to Boeing in the US marks a 'key delivery' in the EMD phase of the T-7A Red Hawk programme, Saab says.
Training
PREMIUM: Cubic in takeover battle
A Bradley IFV fitted with I-MILES. (Photo: PEO STRI)
Cubic Corporation has two suitors who aim to take a majority shareholding. The final decision will be taken in late April.
Following the news in February that Cubic Corporation had ‘entered into a definitive agreement' with an affiliate of Veritas Capital and Evergreen Coast Capital Corporation to acquire Cubic for $70 per share in cash, the battleground has shifted with an unsolicited counter-bid from Singapore Technologies Engineering (ST Engineering).
Initially valued ...
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