:

Business/Financial

EADS Astrium To Acquire Vizada For $960 Million

By Cal Biesecker

Friday, August 5th, 2011

SHARE:

European Aeronautic Defence And Space Co. (EADS) yesterday said its Astrium subsidiary has entered into an agreement to acquire Vizada from Apax France, a French private equity fund and the majority shareholder for $960 million. The transaction is subject to the customary regulatory approvals. Vizada is a leading independent provider of global, satellite-based mobility communication services, serving customers across sectors including maritime, aero, land media, non-governmental organizations and government/defense. Through all satellite network operators, it offers mobile and fixed connectivity…

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]