:

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 Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]