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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Congress Updates
Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests
The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says
The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]
White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0
The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]
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