:

Business/Financial

MDA, DigitalGlobe Re-file Merger Plans With CFIUS

By Cal Biesecker

Thursday, July 13th, 2017

SHARE:

MDA, DigitalGlobe Re-file Merger Plans With CFIUS

Earth imagery from DigitalGlobe satellite. Image: DigitalGlobe

Canada’s MacDonald, Dettwiler and Associates (MDA) and DigitalGlobe, Inc. [DGI], which is being acquired by MDA, on Wednesday, said they have withdrawn and re-filed their voluntary notice to a United States committee that reviews proposed mergers for national security implications.The companies expect the acquisition to close during the third quarter of 2017. Shareholders of both companies will meet separately on July 27 to approve the deal.The notice, once accepted, kicks off a new 30-day review period by the interagency Committee…

Senators Push Navy Against Single Destroyer Request In FY ’27

The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]