Aerospace Group:

Business/Financial

BAE Systems Acquires Small U.K. Satellite Company In-Space Missions

By Cal Biesecker

Tuesday, September 14th, 2021

SHARE:

BAE Systems Acquires Small U.K. Satellite Company In-Space Missions

In-Space Mission's Faraday Phoenix satellite. Photo: BAE Systems

Making a jump to have its own in-house capabilities to design and manufacture satellites, Britain’s BAE Systems on Tuesday said it has acquired another United Kingdom-based company, In-Space Mission, which is currently designing and building a series of satellites for various customers. The acquisition gives BAE a full lifecycle satellite capability while offering In-Space Missions the ability to scale its capabilities and offerings. BAE already has various space products in waveforms, electronics, antenna, digital signal processing and analytics. BAE paid…

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

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, […]