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Business/Financial

BAE Completes Acquisition of Cyber And Intelligence ETI A/S

DDN

Tuesday, March 22nd, 2011

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Britain's BAE Systems yesterday completed its acquisition of Denmark's ETI A/S for $223.4 million, expanding its products and services in the areas of cyber and intelligence. BAE first announced the deal last December. ETI had $66.2 million in sales for the 12-month period ended last June. ETI provides law enforcement agencies and telecommunications providers with advanced diagnostic and data analysis products that are used in data crime investigations and trouble shooting data communications systems. The company has 260 employees and…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]