Aerospace Group:

Business/Financial

L3Harris Completes Sale Of Instrumentation Business Unit

By Cal Biesecker

Tuesday, May 19th, 2020

SHARE:

L3Harris Completes Sale Of Instrumentation Business Unit

High voltage device supplied by Applied Kilovolts. Photo: Applied Kilovotls

Adaptas Solutions, LLC on Tuesday said it has completed the acquisition of the Applied Kilovolts and Analytical Instrumentation from L3Harris Technologies [LHX], expanding its mass spectrometer component product offering and building its position in subassemblies and contract manufacturing. Terms of the deal, which was first announced in February, were not disclosed. For L3Harris, the divestiture is consistent with its focus on core business areas. L3Harris said in a first quarter filing with the Securities and Exchange Commission that it recorded…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

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 […]