Aerospace Group:

Business/Financial

ANSER Acquires Advanced Technology International

Tuesday, January 31st, 2017

SHARE:

The non-profit public service research institute Analytic Services Inc. (ANSER) acquired South Carolina-based Advanced Technology International (ATI) for $25 million, the organization said Monday.Terms of the deal include a $15 million earn-out provision if ATI meets certain growth milestones over the next four years.ATI was the private, non-profit affiliate of the South Carolina Research Authority (SCRA) created in 1998. SCRA was chartered by the state in 1983 to improve the growth and development of South Carolina’s technology sector. It is…

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 […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]