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Business/Financial

Plasan Expanding U.S. Operations With Acquisition of Small Composites Firm

Defense Daily Staff

Wednesday, June 29th, 2011

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Israel’s Plasan yesterday said it has acquired a small United States-based developer and manufacturer of composite materials for defense and automotive applications in a deal that boosts its capacity for mass producing composites. Terms of the deal were not disclosed. KaZaK Composites, which is based in Massachusetts, makes structural components for Navy ships including the DDG-1000 destroyer, T-AKE and aircraft carriers. The company also has other customers in the Defense Department, including the Defense Advanced Research Projects Agency, and defense…

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]