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Business/Financial

Artificial Intelligence A Key Capability In M&A Targets, Private Equity Firm Says

By Cal Biesecker

Monday, October 7th, 2019

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Artificial Intelligence A Key Capability In M&A Targets, Private Equity Firm Says

Companies looking to acquire other businesses are mainly interested in obtaining high technology capabilities, with artificial intelligence (AI) high on the list, according to a report by the private equity firm Capstone Headwaters. Mergers and acquisition (M&A) “activity has largely been driven by technology and intelligence, with buyers expanding capabilities in software, data analytics, and predictive intelligence,” Capstone says in its second quarter 2019 C4ISR M&A Coverage Report. “Modern technology is key to effectively synchronizing complex intelligence data between air,…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

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 […]