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Business/Financial

KEYW Completes Acquisition of Sycamore US

DDN

Wednesday, December 1st, 2010

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KEYW Corp. [KEYW] yesterday said it has completed its purchase of Sycamore US, boosting its capabilities in cyber security and expanding its work with the intelligence community. KEYW paid $27 million in cash plus 87,500 shares of its common stock for the deal. KEYW's shares were trading a little above $12 per share yesterday. The Maryland-based firm provides cyber security solutions to U.S. government intelligence and defense customers. KEYW now has over 600 employees with over 500 holding the highest…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

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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 […]