:

Business/Financial

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

DDN

Wednesday, March 12th, 2008

SHARE:

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 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 […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]