:

QinetiQ Moves Into Australian Defense Market Through Two Acquisitions

DDN

Friday, January 11th, 2008

SHARE:

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

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]