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Leonardo buys 100% of Swiss helicopter company Kopter from Lynwood

Leonardo has signed a contract with Lynwood (Schweiz) AG to acquire 100% of Kopter Group AG (Kopter). This move allows Leonardo to further strengthen its worldwide leadership and position in the rotorcraft sector; leveraging innovation, new capabilities and engineering skills which have been developed by the young, agile Swiss Company. Kopter’s SH09, a new single-engine

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Boeing-Embraer deal gets go-ahead from Brazil antitrust regulator CADE

Brazil’s Administrative Council of Economic Defense (CADE) has approved Boeing’s acquisition of Brazilian planemaker Embraer’s commercial aviation division without placing any restrictions on the deal, though CAD’s principal administration council could still reconsider the situation and settle the case through a vote. It follows clearance from jurisdictions such as the USA, China, Japan, South Africa,

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Polish airline LOT takes over Condor

Holiday airline Condor has found a buyer. Polish Aviation Group, who owns a 100% of LOT Airlines, will take over Condor. In a press release the Group said that the combination of LOT and Condor will create one of the leading European aviation groups carrying about 20 million passengers per year. Condor will continue to

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BAE invests US$2.2bn on two acquisitions to strengthen U.S. electronic systems foothold

BAE Systems plc (BAE), the British multinational defense, security and aerospace company, has announced that it is to make two major purchases in the U.S. – the military Global Positioning System (GPS) business belonging to Collins Aerospace, and the Airborne Tactical Radios (ATR)  business belonging to Raytheon. The opportunity to acquire two sector-appropriate businesses has

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