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Business/Financial

MDA To Acquire Alliance Spacesystems To Expand U.S. Presence

DDN

Thursday, December 6th, 2007

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By Calvin Biesecker Canada's MacDonald, Dettwiler and Associates (MDA) yesterday said it has agreed to acquire Alliance Spacesystems, a California-based space company with composite structures expertise and a leading position on robotic space subsystems, in a deal that expands its market channel in the United States for its space business. Terms of the deal, which is expected to close this month, were not disclosed. Alliance Spacesystems has about 110 employees and MDA, whose space and related business accounts for about…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]