Serco Buys Their Way Into NSS at Seaspan

August 1, 2019 – Serco Inc., a provider of professional, technology, and management services, announced today it has completed the acquisition of Alion Science & Technology Corporation’s Naval Systems Business Unit, including its Canadian business and a small number of related contract operations (collectively ‘NSBU’), following the receipt of all regulatory approvals and customary closing conditions. The purchase price was $225 million. This acquisition doubles the size of Serco’s business supporting the U.S. Navy. The NSBU has annual revenues of approximately $336 million and around 1,000 employees based at Naval…

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Statement by the North Atlantic Council on the Intermediate-Range Nuclear Forces Treaty

August 2, 2019 – Russia today remains in violation of the INF Treaty, despite years of U.S. and Allied engagement, including a final opportunity over six months to honor its Treaty obligations. As a result, the United States decision to withdraw from the Treaty, a decision fully supported by NATO Allies, is now taking effect. Russia bears sole responsibility for the demise of the Treaty. We regret that Russia has shown no willingness and taken no demonstrable steps to return to compliance with its international obligations. A situation whereby the…

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