Aerospace Group:

Business/Financial

ManTech Divests Small Commercial Cyber Products Business, Takes Stake In Acquiring Firm

By Cal Biesecker

Wednesday, July 15th, 2015

SHARE:

ManTech Divests Small Commercial Cyber Products Business, Takes Stake In Acquiring Firm

ManTech International [MANT] on Wednesday said it has sold its commercial cyber security product business to CounterTack, which provides endpoint detection and response (EDR) capabilities, but is keeping a foothold in the business by taking a minority share in CounterTack.Terms of the deal were not disclosed, but the ManTech Cyber Solutions International (MCSI) products business that ManTech divested only had about $5 million in annual sales and 40 employees.For ManTech, the divestiture allows it to focus on its core strength…

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]