General Dynamics [GD] recently said it has agreed to acquire the holding company of IPWireless, Inc., a provider of 3G and 4G LTE wireless broadband network equipment, giving an entrée in the market for next-generation wireless broadband communications in the public safety and military markets. Terms of the deal for IPW Holdings, the parent of IPWireless, were not disclosed. The transaction is expected to close in the third quarter of 2012. A substantial portion of IPWireless’ business is made up…
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Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability
A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]
In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
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 […]
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