Aerospace Group:

Business/Financial

Rockwell Collins To Acquire SATCOM Systems Provider DataPath

DDN

Thursday, April 2nd, 2009

SHARE:

By Calvin Biesecker Rockwell Collins [COL] yesterday 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'…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]