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Homeland Security

Chemring To Acquire GD’s Armament and Technical Products Unit

DDN

Wednesday, April 27th, 2011

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Britain's Chemring Group PLC says it has conditionally agreed to acquire the North Carolina-based Chemical, Biological and Explosives (CBE) operation from General Dynamics' [GD] Armament and Technical Products subsidiary for $90 million in cash. The CBE business had $61.5 million in sales last year and pre-tax profits of $8.3 million, versus sales of $69.8 million and pre-tax profits of $8.3 million in 2009. The business also had $62 million in orders as of March 31. The acquisition, which is subject…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]