General Dynamics [GD] yesterday said it has acquired Mediaware International Pty Ltd.,a leading developer of real-time full-motion compressed digital video processing software and systems for defense, intelligence and commercial customers. Terms of the acquisition were not disclosed. The privately held Mediaware International, which has about 40 employees, will continue to be based in Sydney, Australia. It will become a part of General Dynamics Advanced Information Systems, a business unit of General Dynamics based in Fairfax, Va. Mediaware's Web site says…
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Congress Updates
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
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 […]
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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 […]
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