Harris Corp. [HRS] on Sunday said that it is not pursing a merger or sale of the company following media reports and speculation last month that first indicated that the communications firm was on the block and later that bids were below expectations. Harris said that from "time to time" other companies express an interest in acquiring the firm or making other types of transactions. But without going into any detail, Harris said it isn't pursuing a sale. Instead, the…
Recommended
Space Force NSSL Lane 3, Phase 1 Field Now at Seven With Two New Companies’ Entrance
Venus Aerospace Raises $91 Million To Get New Rocket Engine Ready And Begin Scaling
Trending
Congress Updates
House Heads For Recess Without Moving On NDAA After Procedural Vote Fails
The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]
Bipartisan Group Of House Members Introduce U.S.-Ukrainian Co-Production Bill For Unmanned Systems
A bipartisan group of six House legislators have introduced the Strategic Unmanned Systems Partnership Act–a bill to improve drone collaboration between the U.S. and Ukraine. Rep. Michael McCaul (R-Texas), the […]
Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?
Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]
House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort
House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]