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Business/Financial

CGI To Acquire Britain’s Logica For $2.6 Billion

Defense Daily Staff

Friday, June 1st, 2012

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Canadian technology services provider CGI Group [GIB] yesterday said it has agreed to acquire Britain’s Logica for $2.6 billion in cash in a deal that would expand its capabilities and global footprint. CGI, which offers a range of information technology solutions and services, said the deal will give it a significant presence throughout the Americas, Europe and Asia. The company also said the pending acquisition will give it the ability to cover the entire customer services supply chain, further enhance…

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]