:

Business/Financial

BAE To Acquire Small U.S. Firm With Imaging, Analytics Capabilities

By Cal Biesecker

Thursday, July 31st, 2014

SHARE:

BAE To Acquire Small U.S. Firm With Imaging, Analytics Capabilities

Signal Innovations Group's TASS real-time tracking capability allows for tracking over the full field of view. Photo: SIG

Britain’s BAE Systems on Thursday said it agreed to acquire Signal Innovations Group, Inc. (SIG), a provider of imaging technologies and analytics to the United States intelligence and defense markets. Terms of the deal were not disclosed. SIG, which was founded in 2004 and is based in North Carolina, has 35 employees. The acquisition is being made by BAE’s U.S.-based arm, BAE Systems, Inc., and will become part of the intelligence & security business. The deal is expected to close…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

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 […]