Aerospace Group:

Business/Financial

BAE To Acquire Small Developer of UAS, Advanced Ceramics

DDN

Friday, March 13th, 2009

SHARE:

By Calvin Biesecker BAE Systems yesterday said it has agreed to acquire Advanced Ceramics Research Inc., a developer and supplier of small and tactical unmanned aircraft systems (UAS) and advanced ceramic materials, in a deal that complements the United Kingdom-based company's work on larger UAS systems. BAE said it is paying $14.7 million for Arizona-based Advanced Ceramics. In addition to expanding BAE's portfolio of UAS offerings, the pending acquisition would give the company a manufacturing presence in the United States…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]