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
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 […]
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 […]
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 […]