Aerospace Group:

Smiths Group Would Round Out Product Line with Morpho Detection Acquisition

By Cal Biesecker

Tuesday, May 3rd, 2016

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Britain’s Smiths Group has agreed to acquire the California-based detection business of France’s Safran Group for $710 million, a deal which would give it a marquis position globally for automated checked baggage screening systems and consolidate a large portion of the international market for trace detection products.The deal is subject to regulatory approvals and the companies expect it to close in early 2017.The only potential regulatory hurdle would seem to be in the area of trace detection where both Smith…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

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Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]