:

Business/Financial

GeoEye Completes Acquisition of SPADAC

DDN

Friday, December 17th, 2010

SHARE:

GeoEye [GEOY] yesterday said it has completed its acquisition of the geospatial predictive analytics company SPADAC for $46 million in cash and stock, strengthening its information services business and expanding its presence with the National Geo-Spatial Agency, its largest customer. SPADAC has been renamed GeoEye Analytics and is a subsidiary of GeoEye. GeoEye Analytics has over 40 customers in the intelligence, defense and homeland security areas. About 90 percent of GeoEye Analytics' $27 million in sales this year will be…

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]