CDI Corp. [CDO] recently said it has acquired DSPCon Inc., an engineering and software development firm headquartered in Bridgewater, N.J. Financial terms of the cash transaction were not disclosed. The acquisition is expected to be accretive to earnings in 2011. With approximately 40 employees, DSPCon creates, sells and services real-time data acquisition and analysis systems used widely in the mechanical design validation of jet engines and satellites. DSPCon also creates and produces embedded systems for turbo-machinery performance monitoring and mechanical…
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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 […]
House Heads For Recess Without Moving On NDAA After Procedural Vote Fails
The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]
Bipartisan Group Of House Members Introduce U.S.-Ukrainian Co-Production Bill For Unmanned Systems
A bipartisan group of six House legislators have introduced the Strategic Unmanned Systems Partnership Act–a bill to improve drone collaboration between the U.S. and Ukraine. Rep. Michael McCaul (R-Texas), the […]
Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?
Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]