Goodrich [GR] said this week that it has agreed to acquire Atlantic Inertial Systems (AIS) for $375 million, adding to its capabilities in the area of guidance, control and navigation systems. AIS is a portfolio company of the private equity firm J.F. Lehman & Co. The company's primary products are inertial sensors, inertial measurement units, integrated IMUs and GPS systems, stability systems, and terrain avoidance systems for missiles, military aircraft and land systems. "This acquisition provides the company with another…
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House Republicans Block Measure To Impeach Hegseth
House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]
Top House Defense Appropriator Calvert Officially Wins Reelection Bid
Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]
No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says
Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]
Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA
More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]
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