Stay updated with breaking news from Kenneth Krieg. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Defense Department's matrix of potential threats identifiesthree categories of unconventional danger: "irregular" threats suchas terrorism and insurgency; "catastrophic" threats involvingweapons of mass destruction; and "disruptive" threats wheretechnology breakthroughs deprive America of military advantage.There are, however, some important gaps in the logic of the newdefense paradigm.
/cloudfront-us-east-1.images.arcpublishing.com/mco/6KSKM2JGIVHGVPSTDZKQJK3MNU.jpg)
Elbit America buys sonobuoy maker Sparton from Cerberus Sonobuoys are expendable undersea sensors dropped by the hundreds to detect enemy subs. (Elbit Systems) WASHINGTON ― The U.S. arm of Israel’s Elbit Systems, Elbit Systems America, has completed its $380 million purchase of Sparton, a critical supplier of sonobuoys to the U.S. Navy and allies, from Cerberus Capital Management, the companies announced Tuesday. Under the deal, Sparton will operate as a subsidiary of Elbit America with an independent board so that it can focus on undersea business activities with more sensitivity for...
By Ross Wilkers Apr 06, 2021 Elbit Systems’ U.S. subsidiary has completed its $380 million acquisition of Sparton Corp., a maker of electronic systems and sonobuoys for the Navy and other allied military organizations. Sparton has changed its name to Sparton De Leon Springs and will operate as a subsidiary of its acquirer with an independent board of directors so it can focus on undersea business activities at higher levels of sensitivity, Elbit Systems of America said Tuesday. The new proxy board members are veteran defense sector executives Kenneth Krieg and Brett Lambert, plus retired Na...