US government consulting firm LMI has expanded its work on potential acquisitions since it was purchased by a group of seasoned investors, according to the company's top executive.
LMI, which was earlier able to consider only one or two acquisitions at a time, can now do a “deep dive” on four at a time thanks to the expertise and resources of its new owners, president and CEO Doug Wagoner told
on 13 September. As a result of that faster cadence, LMI expects to complete one or two acquisitions by the end of 2022.
Germany to procure 600 RAM Block 2B missiles for German Navy
26 September 2022
by Kate Tringham
Although the RAM Block 2 (pictured here) has a larger motor than the RAM Block 1 and 1A, all three can be fired from the same launcher. (Raytheon)
The German federal parliament's budget committee has authorised the procurement of 600 RIM-116 Rolling Airframe Missile (RAM) Block 2B quick reaction surface-to-air guided missiles for the German Navy.
GA-ASI opposes possible Chinese corn plant near US airbase
26 September 2022
by Marc Selinger
UK Royal Air Force crews are supposed to undergo training on the MQ-9B Protector UAV near the site of a proposed Chinese corn mill in the US. (Crown Copyright)
US defence contractor General Atomics Aeronautical Systems, Inc (GA-ASI), which has a significant presence near Grand Forks Air Force Base in North Dakota, is urging the US government to block Chinese company Fufeng Group from building an agricultural facility near the military installation, citing national security concerns.
Malaysian navy tables MYR2.4 billion proposal for three more Littoral Mission Ships
23 September 2022
by Ridzwan Rahmat
A Royal Malaysian Navy Keris-class LMS. The service has proposed a MYR2.4 billion plan to procure three improved variants of this class under its 2023 budget. (Pieter Sinke)
The Royal Malaysian Navy (RMN) has laid out a MYR2.4 billion (USD524.84 million) proposal to procure an initial batch of three improved Littoral Mission Ship (LMS) vessels under the country's next defence budget.
In this episode of The World of Intelligence we speak with Neil Spencer on the value of OSINT in the commercial sector.
Neil Spencer is the Director of Strategy and Partnerships for LifeRaft. He has more than twenty years of security indust...