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Business/Financial

GenCorp To Divest Liquid Divert And Attitude Controls Business As Part Of Rocketdyne Deal

Defense Daily Staff

Thursday, January 10th, 2013

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GenCorp Inc. [GY] said Tuesday evening that it is preparing to sell its Liquid Divert and Attitude Controls (LDACS) businesses to comply with federal antitrust requirements as part of the company’s pending acquisition of United Technologies Corp.’s [UTX] rocket engine business. GenCorp said that it has received a modification to the request for additional information from the Federal Trade Commission (FTC) related to its acquisition of Rocketdyne from UTC’s Pratt & Whitney division. The FTC’s investigation of the deal is…

Congress

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 […]

Congress

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 […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]