By Calvin Biesecker United Kingdom-based Cobham yesterday said it has agreed to acquired Argotek, Inc. for $36.3 million in cash in a deal aimed at bolstering the company's capabilities and presence in the growing information security market in the United States. The transaction is expected to close during the second quarter of 2009 subject to approval from the Committee on Foreign Investment in the United States. Terms of the deal include $26.3 million to be paid upon closing on a…
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Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia
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 […]
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