Aerospace Group:

Business/Financial

FLIR To Buy ICx Technologies, Bolstering Surveillance And Detection

DDN

Tuesday, August 17th, 2010

SHARE:

By Calvin Biesecker FLIR Corp. [FLIR], a leader in imaging systems for surveillance and targeting for government and commercial customers, yesterday said it has agreed to acquire ICx Technologies [ICXT] for $274 million in cash in a deal that will bolster its surveillance solutions with radar, add a suite of detection products in the chemical, biological, nuclear and explosives space, and give it additional systems integration capabilities. The agreement assumes a $7.55 purchase price for each share of ICx common…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]