:

Business/Financial

QinetiQ To Bolster Cyber Security Capability With U.S. Acquisition

DDN

Thursday, May 7th, 2009

SHARE:

By Calvin Biesecker Britain's QinetiQ yesterday said it has agreed to acquire Cyveillance, Inc., a Northern Virginia-based firm with software products that help commercial firms ward off cyber attacks, to boost its capabilities in the cyber security area and tap into another growing area of the security market in the United States. QinetiQ said it will pay $40 million upfront for Cyveillance and potentially up to $40 million more depending on the company's financial performance for the two-year period ending…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]