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Smiths Group Would Round Out Product Line with Morpho Detection Acquisition

By Cal Biesecker

Tuesday, May 3rd, 2016

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Britain’s Smiths Group has agreed to acquire the California-based detection business of France’s Safran Group for $710 million, a deal which would give it a marquis position globally for automated checked baggage screening systems and consolidate a large portion of the international market for trace detection products.The deal is subject to regulatory approvals and the companies expect it to close in early 2017.The only potential regulatory hurdle would seem to be in the area of trace detection where both Smith…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]