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Business/Financial

Comtech To Acquire Wireless Communications Technology Company TCS

By Cal Biesecker

Tuesday, November 24th, 2015

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Comtech Telecommunications Corp. [CMTL] on Monday said it has agreed to acquire Telecommunication Systems, Inc. [TSYS] in a deal to expand its domestic and international offerings of C4ISR and next-generation emergency communications services.Comtech will pay $5 per TCS share for an enterprise value of $430.8 million. The two companies combined would have annual sales of about $671.4 million and 2,000 employees.Comtech said the pending acquisition, which is expected to close by March 2016, gives it more scale and a diversified…

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

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Congress

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As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

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