:

Raytheon To Acquire Applied Signal For $490 Million

DDN

Thursday, December 30th, 2010

SHARE:

Raytheon [RTN] recently said it has agreed to acquire the defense electronics firm Applied Signal Technology Inc. [APSG] for $38 per share, worth $490 million in cash, saying the deal would enhance its integrated sensor solutions. Applied Signal specializes in systems, products and services related to communications and signals intelligence (COMINT/SIGINT), cyber intelligence and sensor signature processing. About 90 percent of the California-based company's sales are to classified customers. Applied Signal had $13.2 million in net income on $225.2 million…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]