Israel's Elbit Systems [ESLT] last week said that all approvals required for the merger of Tadiran Communications with and into Elbit have been obtained, and the Israeli Registrar of Companies issued its merger order on June 30. This is further to the announcement on Nov. 7, 2007, regarding Elbit Systems Board of Directors' approval of the merger, the company said. "Pursuant to the approved merger, Tadiran Communications transferred all of its assets and liabilities to Elbit Systems...and no longer exists…
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Congress Updates
House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort
House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]
House Appropriators Uncertain Navy Will Award F/A-XX Contract By August
House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]
House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty
The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]
House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut
The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]
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