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Business/Financial

Cubic Wins $6 Million Contract To Support A New Zealand Training Facility

Friday, April 10th, 2015

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Cubic Wins $6 Million Contract To Support A New Zealand Training Facility

Cubic [CUB] was awarded a $6 million contract to design, supply, and install a specialist ballistic fit-out package for a New Zealand Defence Force training facility, the company said on April 8.“Our customized solutions allow marksmen and specialist units to develop intuitive decision making skills so they are fully prepared to act decisively in individual and collective situations,” Bill Toti, president of Cubic Global Defense, said in a statement.Cubic is set to provide an integrated ballistic design and fit-out capability…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

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 […]