Aerospace Group:

Business/Financial

Teledyne Acquires Majority Stake In Small IR Camera Firm

DDN

Monday, March 21st, 2011

SHARE:

Seeking to bolster its offerings and capabilities in the infrared (IR) camera space, Teledyne Technologies [TDY] on Friday said it has acquired a majority interest in Nova Sensors, which designs integrated circuits, integrated camera electronics, and manufactures mid-wave and short-wave IR camera systems. Terms of the deal were not disclosed. Teledyne's stake is just over 50 percent and the company plans to purchase the rest of Nova Sensors within three years. In the mid-wave IR camera market, Teledyne currently offers…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]