:

Business/Financial

Raytheon To Acquire BBN Technologies

DDN

Wednesday, September 2nd, 2009

SHARE:

By Calvin Biesecker Raytheon [RTN] yesterday said it has agreed to acquire BBN Technologies, a research and development firm that has also brought some products to market such as the Boomerang shooter detection system, in a deal that further strengthens Raytheon's engineering expertise. Terms of the pending deal, which is expected to close in the fourth quarter of 2009, were not disclosed. Raytheon said the transaction would not be material this year but would be accretive to sales and earnings…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

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 […]