Mercury Systems [MRCY] on July 5 said it has acquired Richland Technologies (RTL), a Georgia-based company specializing in safety-critical mission computing capabilities for commercial and military aerospace.Terms of the deal were not disclosed. Mercury said the acquisition isn't expected to have a material impact on its fiscal year 2018 financial results.Mercury said the acquisition complements its purchase in November 2016 of Creative Electronics Systems (CES) by providing additional capabilities in safety-critical markets and the opportunity to leverage RTL's presence and expertise…
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Congress Updates
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A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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