By Calvin Biesecker FLIR Systems [FLIR] said Monday evening that it has completed its acquisition of ICx Technologies, bolstering its suite of products in the security space by giving it radar to go with its imaging and laser systems and providing a slew of detection products. FLIR said the $7.55 per share purchase price amounted to an aggregate price of $268 million, or $232 million, including ICx's closing cash balance. ICx is now a subsidiary of FLIR. "The acquisition of…
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Congress Updates
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As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]