Raytheon [RTN] has acquired Technology Associates, Inc. (TA), a small privately-owned firm specializing in life-cycle computer engineering for programs in the U.S. Intelligence community, boosting its capabilities in cyber security. Terms of the deal were not disclosed. Northern Virginia-based TA had $21.3 million in sales last year, $18.9 million in 2008 and $15.6 million in 2007. Raytheon said the deal would be immaterial to its sales and earnings this year. TA's core capabilities are in data extraction and analysis, digital…
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Congress Updates
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Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement
Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]
Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage
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