Israel's Elbit Systems [ESLT] said it has completed the purchase of the balance of shares of Elisra Electronic Systems held by Elta Systems, which is a subsidiary of Israel Aerospace Industries. Elbit said in February it would acquire the 30 percent of shares in Elisra that it doesn't already own for $67.5 million. Elisra's main product lines include self protection systems for aircraft and combat vessels, electronic and communications intelligence systems for manned aircraft and unmanned aircraft systems, data links,…
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Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?
Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]
House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort
House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]
House Appropriators Uncertain Navy Will Award F/A-XX Contract By August
House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]
House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty
The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]