Aerospace Group:

Army

ManTech To Acquire Small Firm That Primes On Army S3 Contract

DDN

Wednesday, December 23rd, 2009

SHARE:

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…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]