Maintaining its aggressive pace of acquisitions, KEYW Corp. [KEYW] yesterday said it has agreed to acquire Everest Technology Solutions, Inc., a provider of cyber security and other information technology (IT) services to the intelligence community. KEYW said it would pay $28 million in cash and $2 million in stock for Everest, which is based in Northern Virginia. Everest has $15.1 million in sales through the first nine- months of this year and expects to generate between $25 million and $28…
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Congress Updates
Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests
The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says
The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]
White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
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The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]
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