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QinetiQ Moves Into Australian Defense Market Through Two Acquisitions

DDN

Friday, January 11th, 2008

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Britain's QinetiQ recently said it has agreed to acquire two Australian defence consulting firms for $17.7 million in cash, marking the company's first investment in that country as part of its growth plans in Europe, the Middle East and Australasia. QinetiQ is acquiring Ball Solutions Group, a subsidiary of United States-based Ball Aerospace and Technologies Corp. [BLL], for $10.5 million in cash. Ball Solutions has three core business areas--business systems and applications, data acquisition and management, and operations research and…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]