DuPont [DD] Friday said it signed an agreement to acquire the assets of BAE Systems Tensylon High Performance Materials Inc., and has purchased a minority share in Nanocomp Technologies, Inc. DuPont has not disclosed details of the investments. The acquisition is to expand its portfolio of high-performance protection materials and to complement existing and new DuPont™ Kevlar® technologies. DuPont estimates the total industry opportunity at more than $1 billion. Tensylon, a wholly owned subsidiary of BAE Systems Inc., based in Monroe,…
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Congress Updates
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
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