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Overseas Firm Buying U.S. Defense Company, But Canada Nixes U.S. Contractor Buying Part Of A Canadian Defense-Related Outfit

An overseas defense contractor announced it will buy outright a U.S. defense-related company, even as a friendly nation vetoed a plan for just a portion of one of its defense- related firms to be bought by a U.S. company. The juxtaposition showed once more how the United States is open to foreign capital and trade, even as other nations limit buyouts of their companies, limit entry of foreign firms into their industries, limit shipments of U.S. and other goods into…

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Congress Updates

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]


CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

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 […]