:

Business/Financial

BAE Exploring Sale Of U.S. Government Services Businesses

By Cal Biesecker

Friday, April 24th, 2015

SHARE:

BAE Exploring Sale Of U.S. Government Services Businesses

The geospatial intelligence products of BAE's I&S sector are not part of a strategic asset review. Picture: BAE Systems

Britain’s BAE Systems plc on Friday said it is exploring the divestiture of its businesses in the United States that provide a range of intelligence, information technology (IT), and technical services mainly to the U.S. government.The spare announcement was made as part of regulatory requirements in the United Kingdom. The company said it regularly reviews its business to make sure they are “aligned with key markets and to maximize value for customers” and that the particular businesses within the Intelligence…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]