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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

Six F-35Bs Delivered Without Radars Thus Far, Program Director Says

The U.S. Marine Corps thus far has received six F-35B fighters without radars, as the service waits on Northrop Grumman‘s [NOC] delivery of the AN/APG-85 radar, which is to replace […]

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]