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Space

Kratos To Acquire Integral Systems For $236 Million

DDN

Monday, May 23rd, 2011

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Kratos Defense & Security Solutions, Inc. [KTOS] recently said it has agreed to acquire Integral Systems, Inc. [ISYS] for $235.5 million in cash and stock in a deal that significantly boosts the company's position in the satellite and space communications and related situational awareness market while also adding new customers in these areas. Integral Systems, which Kratos estimates will do about $175 million in sales, develops and produces software, products and solutions related to communications and network situational awareness for…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

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

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

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, […]