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Business/Financial

Applied Signal Technology Acquires Firm Serving Cyber, Intel Market

DDN

Friday, April 30th, 2010

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Applied Signal Technology, Inc. [APSG] on Wednesday said it has acquired Seismic LLC, a small cyber security solutions provider serving the Defense Department and intelligence community, in a deal that it believes puts it in the top 10 firms providing network security in the intelligence arena. AST paid $25 million for Maryland-based Seismic, and the deal includes a $5 million earn-out provision. Seismic, which has about 100 employees, had $15 million in sales last year and is expected to grow…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

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 […]