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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Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort
Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]
Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests
The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says
The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]
White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
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