Aerospace Group:

Business/Financial

Belcan Acquires Small Company That Supports SOCOM, Federal Agencies

By Cal Biesecker

Thursday, May 27th, 2021

SHARE:

Belcan Acquires Small Company That Supports SOCOM, Federal Agencies

Shot in silhouette in Afghanistan war. VICTOR42 photo.

Multi-industrial and government service provider Belcan, LLC on Thursday said it has acquired VICTOR42, which provides analytical, operational and technical support to various government and private sector clients, including U.S. Special Operations Command (SOCOM), the Defense Threat Reduction Agency, and others. Terms of the deal were not disclosed. VICTOR 42, has about 75 employees and is based in Washington, D.C. Belcan, which is based in Cincinnati and is a portfolio company of the private equity firm AE Industrial Partners, now…

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 […]