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Homeland Security

Implant, OSI Systems Settle Dispute; Reach New Agreement

DDN

Wednesday, January 23rd, 2008

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Implant Sciences [IMX] and OSI Systems [OSIS] have resolved a legal dispute between the two firms over an agreement in 2005 for development, distribution, and manufacturing. Under the resolution, the companies have rescinded the previous agreement and entered into a new non-exclusive distribution agreement that calls for OSI's Rapiscan Security Systems division to sell Implant Sciences' security products worldwide. Terms of the settlement also call for Implant to pay OSI $200,000 in the form of its common stock. The agreement…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]