Britain's QinetiQ this week 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…
Congress Updates
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off
Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]
Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia
As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
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