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Business/Financial

Russian Approval Might Challenge Aerojet Rocketdyne Acquiring Part Of RD AMROSS

Wednesday, June 19th, 2013

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Russian regulatory approval of Aerojet Rocketdyne acquiring its 50 percent stake in Russian rocket motor manufacturer RD AMROSS from United Technologies Corp. [UTX] could be a challenge, according to the new head of Aerojet Rocketdyne. Warren Boley, who was named CEO of GenCorp’s [GY] new Aerojet Rocketdyne division Monday, said yesterday in a conference call that he was “bullish” on approval, but that it wasn’t guaranteed. The historic launch of Orbital's Antares vehicle in April used Aerojet's dual AJ26 main…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]