By Calvin Biesecker Stanley, Inc. [SXE] yesterday said it has agreed to acquire Oberon Associates for $170 million in cash, its largest acquisition to date, giving it new customers in the Defense Department and intelligence community and new capabilities in system engineering, intelligence community support and information technology. Oberon, which is based in Northern Virginia, is expected to have $80 million in sales in its fiscal year that ends June 30. Stanley expects Oberon to achieve at least 10 to…
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White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA
The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]
House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0
The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]
Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding
Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]
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 […]
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