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Business/Financial

ITT Exelis Completes Acquisition Of Australian Communications Firm

Defense Daily Staff

Friday, February 1st, 2013

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ITT Exelis [XLS] yesterday said it has completed its $16.8 million acquisition of Australia’s C4i Pty. Ltd from the Longreach Group Limited, boosting its presence in Australia and bolstering its air traffic management portfolio with advanced communications software. C4i will become part of the Information Systems business of Exelis. “We look forward to synergies with our air traffic management business with an immediate focus on Australia’s oneSKY Australia initiative to combine civil and military air traffic control,” Pam Drew, president…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

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 […]