Aerospace Group:

Business/Financial

Lockheed Martin To Acquire Sensor Information Processing Firm Zeta Associates

By Cal Biesecker

Monday, June 30th, 2014

SHARE:

Lockheed Martin To Acquire Sensor Information Processing Firm Zeta Associates

Zeta Associates headquarters in Fairfax, Va. Photo: Zeta Associates

Lockheed Martin [LMT] on Monday said it has agreed to acquire Zeta Associates, which has expertise in software development for communications signals collection and processing, in a deal that will boost its capabilities in C4ISR. Terms of the deal, which is expected to close in the third quarter of 2014, were not disclosed although Lockheed Martin said it is immaterial to its financial results. “Zeta Associates’ expertise in cross-platform information collection, analysis and dissemination is an ideal complement to our…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

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 […]