Immediately on the heels of Providence Equity Partners’ acquisition of SRA International last week, the federal information technology services firm is getting a new chief, William Ballhaus, effective July 25. Ballhaus, who was president and CEO of DynCorp International for two years until August 2010, when it was acquired by the private equity firm Cerberus Capital Management, takes SRA from Stan Sloane, who became CEO of the company in 2007. SRA said that Sloane is leaving to pursue other opportunities.…
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Congress Updates
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As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]