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Homeland Security

SAFRAN to Acquire Majority Stake in GE’s Homeland Protection Business

DDN

Wednesday, April 29th, 2009

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France's SAFRAN Group has agreed to acquire 81 percent of General Electric's [GE] Homeland Protection business, giving it a portfolio of security products used for explosives detection to go with its identity management solutions in the global homeland security space. SAFRAN's definitive agreement with GE calls for a cash payment of $580 million. Under terms of the deal, GE will maintain a minimum ownership stake in the homeland business for at least three years. The transaction is expected to close…

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 […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]