:

Rockwell Collins To Acquire SATCOM Systems Provider DataPath

DDN

Thursday, April 9th, 2009

SHARE:

Rockwell Collins [COL] recently said it plans to acquire DataPath, Inc., a provider of satellite communications (SATCOM) network solutions to military and commercial customers, in a deal valued at $130 million. The purchase price includes a $20 million cash payment and the assumption of $110 million in DataPath debt and existing obligations. The deal, which is expected to close in about 45 days subject to regulatory and other approvals, is expected to be neutral to Rockwell Collins' earnings in FY…

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]