:

Business/Financial

Saab Restructures, Makes Management Changes

By Cal Biesecker

Wednesday, September 3rd, 2014

SHARE:

Saab Restructures, Makes Management Changes

Saab President and CEO Hakan Buskhe. Photo: Saab

Sweden’s Saab on Wednesday said it is creating a new business area that will combine its Aerostructures and Avionics business units as well as a technical consulting arm and ventures portfolio. Saab said the Industrial Products and Services business area will have a business-to-business focus. The company’s five other business areas typically work with government or national authority end-users, the company said. Aerostructures is currently part of the Aeronautics business area while Avionics is part of Electronic Defense Systems. The…

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 […]