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Business/Financial

Jacobs To Spin Off Government Services Biz In Late 2024

Defense Daily Staff

Tuesday, May 9th, 2023

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Jacobs To Spin Off Government Services Biz In Late 2024

Jacobs [J] said Tuesday it will spin off its Critical Mission Solutions business late next year. The segment includes the brain trust that coordinates Jacobs’ efforts to win big management and operations contracts at Department of Energy (DoE) nuclear-weapon sites, but that is only a small part of Critical Mission Solutions (CMS), which in 2022 had about $4.4 billion in revenue. Jacobs did not provide details about the future independent CMS’ structure. The company announced the spin off the same…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]