Aerospace Group:

Business/Financial

GeoEye, DigitalGlobe Receive Second Justice Department Requests For Info

Tuesday, September 25th, 2012

SHARE:

GeoEye and DigitalGlobe [DGI] received requests for additional information from the Justice Department (DoJ) Friday regarding the proposed merger of the two satellite imagery providers. DigitalGlobe said in a statement the request for additional information, also known as a Second Request, is a standard aspect of the regulatory process. DigitalGlobe said the Second Request extends the waiting period under the 1976 Hart-Scott-Rodino Antitrust Improvements Act, during which the two companies may not close the merger until each have “substantially complied”…

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 […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]