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Tag Archives: r&D

GSA Releases Draft Solicitation for ASTRO Manned, Unmanned Vehicle Development Contract

The General Services Administration issued a draft request for proposals for a potential 10-year, multiple-award contract to research, build and sustain manned and unmanned aircraft, ground, space and maritime vehicles, weapons systems and robotics for the Department of Defense, Bloomberg Government reported Friday.

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Comtech to Acquire Gilat in $532.5M Cash-and-Stock Deal; Fred Kornberg Quoted

Comtech Telecommunications (Nasdaq: CMTL) has agreed to buy Gilat Satellite Networks (Nasdaq: GILT) for $10.25 per share or approximately $532.5M in cash and stock. “The acquisition better positions Comtech to take advantage of key marketplace trends, particularly the growing demand for satellite connectivity and the enormous long-term opportunity set that is emerging in the secure wireless communications market,” said Fred Kornberg, board chairman and CEO of Comtech.

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DoD Opposes Commerce’s Proposed Rules to Further Restrict US Sales to Huawei

The Department of Commerce has decided to withdraw its proposed rules that would further restrain U.S. companies from selling chips and other electronics to China-based Huawei Technologies through their facilities overseas after Commerce faced objections from the Department of Defense, The Wall Street Journal reported Friday.

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