:

Business/Financial

LightRidge Solutions Acquires Trident Systems, Adding Space Electronics, C4ISR To Portfolio

By Cal Biesecker

Monday, July 17th, 2023

SHARE:

LightRidge Solutions Acquires Trident Systems, Adding Space Electronics, C4ISR To Portfolio

Trident System's product portfolio includes a range of space electronic systems. Photo: Trident Systems

LightRidge Solutions on Monday said it has acquired Trident Systems, a developer and producer of space electronics and integrated C4ISR solutions for customers in the national security and federal civilian markets. Terms of the deal were not disclosed. LightRidge, a portfolio company of the private equity firm ATL Partners, was stood up in late 2022 through the acquisitions of space payloads provider GEOST in 2021 and the airborne laser sensor solutions company Ophir Corp. in 2022. Trident is based in…

Congress

Trump Urges Senate To Move ‘Immediately’ On $350 Billion Defense Reconciliation Bill In Lame Duck

President Trump on Thursday urged Senate leadership to move “IMMEDIATELY” on a reconciliation bill that would include $350 billion for defense. The call arrives as Republicans navigate a lame duck […]

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]