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Business/Financial

ATK Moves To Become Full Spectrum Space Company With MDA Purchase

DDN

Wednesday, January 9th, 2008

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By Calvin Biesecker Alliant Techsystems [ATK] yesterday said it has agreed to acquire the space and related information systems business of Canada's MacDonald Dettwiler and Associates (MDA) in a $1.3 billion cash deal that will make ATK a full-spectrum space company and double its international presence. ATK has arranged financing for the acquisition, its largest ever, which it expects to close early in the second quarter of this year. The deal is subject to approval by regulators in the United…

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]