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Business/Financial

SRA Acquires Energy Management Consulting Firm

DDN

Tuesday, July 20th, 2010

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SRA International [SRX] yesterday said it has acquired the energy consulting firm Sentech in a deal that supplements its current environmental information technology (IT) and consulting services business and expands its capabilities serving the Department of Energy (DoE). Terms of the deal were not disclosed. SRA said that Sentech would add $30 million to its fiscal year that began July 1 and that earnings accretion would be insignificant. Maryland-based Sentech has expertise in renewable energy, distributed generation, energy efficiency and…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]