*L-1 Identity Solutions' [ID] shareholders have approved the purchase of the identity solutions parts of their company by France's Safran Group, moving the deal one step closer to fruition. Shareholder approval followed notification last month from the Federal Trade Commission that the waiting period under Hard-Scott- Rodino anti-trust law has expired. L-1 says that about 99 percent of the shares voted were in favor of the merger. Now completion of the merger remains subject to approval by the Committee on…
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In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]