:

Saab Unit Acquires UUV Component Manufacturer

Gally Articola

Friday, September 6th, 2013

SHARE:

Sweden’s Saab on Sept. 3 said its Seaeye subsidiary has acquired Britain’s Hydro-Lek Ltd., a manufacturer of components used in unmanned underwater vehicles (UUVs), strengthening its portfolio of products in the remotely operated, autonomous and hybrid underwater vehicles area. Saab said the deal also will help it grow its Seaeye unit, which makes a number of UUVs for various applications, including the offshore oil and gas industry, military, search and salvage. Terms of the deal were not disclosed. Hydro-Lek serves customers in…

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]