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Business/Financial

QinetiQ To Acquire U.S. Firm Serving Intel Customers

DDN

Tuesday, August 5th, 2008

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Britain's QinetiQ yesterday said it has agreed to acquire Northern Virginia-based Dominion Technology Resources, Inc. (DTRI), a provider of various professional services to the United States intelligence community, for upward of $165 million in cash. The pending transaction would expand both QinetiQ's growing North American operations and the work it does for the intelligence community. Early last year QinetiQ acquired Analex Corp., which gave the company a presence in the U.S. intelligence community (Defense Daily, Jan. 24, 2007). QinetiQ says…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]