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Business/Financial

ATK’s Bid For MDA’s Space And Information Assets Edges Forward

DDN

Wednesday, March 12th, 2008

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Shareholders for Canada's MacDonald, Dettwiler and Associates Ltd. (MDA) yesterday overwhelmingly approved the sale of the company's Information Systems and Geospatial Services business to Alliant Techsystems [ATK], keeping the deal on track to close sometime in the second quarter of 2008. However, before the transaction can close, it must still be approved by regulators in Canada and the United Sates. ATK said it is pleased with progress so far in both countries. ATK announced the $1.3 billion acquisition in January…

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]