:

Business/Financial

BAE Systems Sells Ceramics Business To CoorsTek

Defense Daily Staff

Friday, September 16th, 2011

SHARE:

CoorsTek yesterday said it has acquired the advanced ceramic facilities of Britain's BAE Systems' California-based Vista unit, giving the company additional manufacturing space for technical ceramics. CoorsTek paid $7 million for Vista. The unit has 105 employees, 106,000 square feet of manufacturing space, and develops and fabricates lightweight ceramic armor systems, semiconductor components and assemblies, and industrial components. Vista also manufactures various advanced ceramic materials. “With this acquisition, CoorsTek will serve our customers more effectively by offering expanded material options…

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]