PRV Aerospace last week acquired Quality Forming, Inc., boosting its capabilities in forming and adding new defense programs to its mix. Terms of the deal were not disclosed. PRV is a portfolio company of the private equity firm Platte River Ventures. California-based Quality Forming has expertise in titanium hot forming, hydro-forming, stretch forming and roll forming and offers precision machining, fabrication, tool design, assembly, welding, supply chain management and engineering support. The company does work on commercial and military aircraft…
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Congress Updates
In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]