ManTech International [MANT] earlier this week said it has agreed to acquire Sensor Technologies Inc. (STI), a small contractor that has a prime position on the Army's Strategic Services Sourcing (S3) contract, for $242 million in cash. The deal is expected to close the transaction early next year subject to various closing conditions and approvals, including Hart-Scott-Rodino. ManTech said the deal will accretive to earnings per share in 2010. New Jersey-based STI is expected to have about $340 million in…
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Congress Updates
HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics
The House Armed Services Committee (HASC) added several measures to its version of the next defense policy bill seeking more details from the Army on efforts to develop future logistics […]
McConnell: “Safe To Conclude There Will Not Be A Third Reconciliation Bill”
Two top GOP senators on the Senate Appropriations Committee are opposing a third reconciliation bill. The Trump administration’s total $1.5 trillion fiscal year 2027 defense request is split between $1.15 […]
HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW
House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]
HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs
The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]
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