Aerospace Group:

Business/Financial

Thales To Acquire Boeing Unit Serving Intelligence Market

By Cal Biesecker

Monday, October 21st, 2024

SHARE:

Thales To Acquire Boeing Unit Serving Intelligence Market

Thales Defense & Security's existing products include ManPack satellite terminals. Photo: TDSI

A U.S. based business of France’s Thales will acquire a small unit of Boeing [BA] that serves the intelligence, defense, and homeland security markets. Terms of deal were not disclosed. Boeing said it is selling its Digital Receiver Technology (DRY) unit to Maryland-based Thales, Defense & Security, Inc. DRT on its website says it designs and manufactures software defined radios that gather and analyze signals intelligence. Boeing’s defense business acquired DRT in 2008. At the time, the small company had…

Army

Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]