:

Business/Financial

CACI To Acquire Optical Communications Technology Provider SA Photonics

By Cal Biesecker

Wednesday, November 3rd, 2021

SHARE:

CACI To Acquire Optical Communications Technology Provider SA Photonics

SA Photonics' CrossBeam payload for satellite crosslinks. Photo: CACI International

CACI International [CACI] on Wednesday said it has agreed to acquire SA Photonics for $275 million in a deal that complements its existing free space optical (FSO) communications capabilities for the U.S. government and commercial customers, and adds development and production capacity. The transaction is subject to regulatory approvals and is expected to close this year. CACI said it will provide additional financial information related to the acquisition when it reports second quarter fiscal year financial results early in 2022.…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]