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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Congress Updates
House Authorizers Retain Battleship Funding, But Want Nuclear-Power Report
The House Armed Services Committee’s (HASC) Thursday markup of the FY 2027 defense authorization bill rejected an amendment to cut funding for the new Trump-class battleship (BBG(X)), but did agree […]
HASC Rejects $150 Billion Topline Cut, Iran Cost Transparency Proposals At NDAA Markup
The House Armed Services Committee (HASC) on Thursday rejected a Democrat-led proposal to cut the $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA) by $150 billion, as the […]
HASC Wants Pentagon List Of Critical F-35 Technical Data Rights And Estimate Of Cost To Buy Them For Repairs
The House Armed Services Committee (HASC) wants the Pentagon to inform the committee of critical technical data rights for the Lockheed Martin [LMT] F-35 fighter and how much it would […]
NRO Nominee: “We Have To Look Differently At Our Requirements”
The National Reconnaissance Office (NRO) has said that it has launched more than 200 proliferated low Earth orbit satellites in the last two years to supplement the costly high-end systems […]
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