By Calvin Biesecker L-1 Identity Solutions [ID] yesterday said it has agreed to acquire the ID Systems business of Digimarc Corp. [DMRC] for $250 million in stock and cash in a deal that would give L-1 the vast majority of the drivers' license market and new capabilities in card production. Despite the fact that a combination between the two businesses would dominate over 90 percent of the market, executives from both companies believe that ultimately there will be no anti-trust…
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Congress Updates
Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’
Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]
Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says
U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]
Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says
After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]
Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says
A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]
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