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…
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Congress Updates
All Future Systems Should Have Autonomy Features, Reed Says
Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]
Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says
Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]
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 […]
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 […]