Sweden's Saab AB recently said it has completed its acquisition of Sensis Corp., marking the company's first purchase of a company in the United States. The deal was approved by the U.S. Trade Commission and the Committee on Foreign Investment in the U.S. Saab said it paid about $150 million to acquire Sensis and has agreed to pay up to $40 million more in earn-out fees. Saab Sensis will operate as a U.S. subsidiary within Saab Group. Saab Sensis had…
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Congress Updates
HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs
The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]
Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG
The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]
Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says
As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]
HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform
The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]