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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…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]