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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

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]