Britain's QinetiQ has agreed to acquire Virginia-based Cyveillance, Inc., which develops and sells software products that help commercial firms monitor for cyber threats over the Internet, to boost its capabilities in the cyber security area and tap into another growing areas of the security market in the U.S. QinetiQ will pay $40 million initially for Cyveillance and up to $40 million more depending on the firm's financial performance for the two-year period ending in Dec. 2010. The deal is expected…
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Congress Updates
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Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]
Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says
Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]
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 […]
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 […]