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Business/Financial

BAE To Acquire Select Ship Repair Operations of Atlantic Marine

DDN

Wednesday, May 19th, 2010

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By Calvin Biesecker BAE Systems yesterday said it has agreed to acquire four ship repair operations located in the southern United States and operated by Atlantic Marine Holding Co. from J.F. Lehman & Company for $352 million in cash, expanding its footprint and capabilities in the naval ship repair and sustainability market. The Atlantic Marine operations that BAE would be acquiring are located in Mayport and Jacksonville, Fla., Mobile, Ala., and Moss Point, Miss. The Jacksonville site is adjacent to…

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 […]