By Calvin Biesecker Branching out into new product and customer areas, SRA International [SRX] yesterday said it has agreed to acquire Era Corp., a provider of surveillance and flight tracking products for military, security and airport operations with an extensive global customer base. Terms of the deal will not be disclosed until SRA updates its investors during its August fourth quarter earnings release. The acquisition is subject to regulatory review and is expected to close by the end of June.…
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Congress Updates
SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction
The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]
House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation
House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]
MOSA Implementation By Pentagon Lagging, GAO Official Says
While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]
HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics
The House Armed Services Committee (HASC) added several measures to its version of the next defense policy bill seeking more details from the Army on efforts to develop future logistics […]