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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Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far
Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]
Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps
The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]
Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters
Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]
HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase
NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]
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