:

Business/Financial

CPI Completes Acquisition Of L3Harris’ ESSCO Unit

By Cal Biesecker

Monday, November 29th, 2021

SHARE:

CPI Completes Acquisition Of L3Harris’ ESSCO Unit

Ground-based radomes provided by ESSCO. Image: L3Harris Technologies

Communications & Power Industries (CPI) on Monday said it has completed its acquisition of the ESSCO business unit of L3Harris Technologies [LHX], adding to its radome business. Terms of the deal, which was first announced in September, were not disclosed. ESSCO, which has about 90 employees, was part of L3Harris’ Aviation Systems segment. The business unit manufactures metal space frame ground radomes and specialty radomes and composite structures, primarily for government and defense customers. CPI said the acquisition combines its…

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

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 […]