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Business/Financial

The Allied Defense Group Divests Remaining Electronic Security Business

DDN

Tuesday, August 11th, 2009

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The Allied Defense Group [ADG] yesterday said it has sold its NS Microwave business unit to 3DRS International Inc., completing the divestiture of its Electronic Security division begun last fall with the sale of its Global Microwave Systems subsidiary to Britain's Cobham. Terms of the deal, which was concluded last Friday, were not disclosed. ADG is focusing on its ammunition business. Moreover, the sale will give ADG additional cash to fund its working capital requirements to meet the needs of…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]