:

Business/Financial

ITT Exelis Completes Acquisition Of Australian Communications Firm

Defense Daily Staff

Friday, February 1st, 2013

SHARE:

ITT Exelis [XLS] yesterday said it has completed its $16.8 million acquisition of Australia’s C4i Pty. Ltd from the Longreach Group Limited, boosting its presence in Australia and bolstering its air traffic management portfolio with advanced communications software. C4i will become part of the Information Systems business of Exelis. “We look forward to synergies with our air traffic management business with an immediate focus on Australia’s oneSKY Australia initiative to combine civil and military air traffic control,” Pam Drew, president…

Senators Push Navy Against Single Destroyer Request In FY ’27

The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]