Aerospace Group:

Business/Financial

BAE Completes Acquisition of Cyber And Intelligence ETI A/S

DDN

Tuesday, March 22nd, 2011

SHARE:

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…

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]