Israel's Elbit Systems [ESLT] last week said that all approvals required for the merger of Tadiran Communications with and into Elbit have been obtained, and the Israeli Registrar of Companies issued its merger order on June 30. This is further to the announcement on Nov. 7, 2007, regarding Elbit Systems Board of Directors' approval of the merger, the company said. "Pursuant to the approved merger, Tadiran Communications transferred all of its assets and liabilities to Elbit Systems...and no longer exists…
Congress Updates
Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says
After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]
Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says
A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]
Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities
The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]
Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons
Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]