:

Business/Financial

L-3 Awards Analogic $15M for EXACT Systems

DDN

Wednesday, February 20th, 2008

SHARE:

Analogic [ALOG] has received a $15 million contract from L-3 Communications [LLL] for Explosive Assessment Computed Tomography (EXACT) systems that serve as the core to L-3's eXaminer 3DX Explosives Detection Systems used to screen checked baggage at airports. Deliveries will begin in June. Last August L-3 awarded Analogic a $17.5 million contract for EXACT systems. The EXACT system features multi-slice computed tomography imaging technology and provides full three-dimensional images of all the contents of a bag. Over 800 eXaminer 3DX…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]