Congressional News & Views

WASHINGTON--(BUSINESS WIRE)--The Fiber Broadband Association (FBA) is bringing the Smart Home and Internet of Things (IoT) to the forefront at Fiber Connect 2025, taking place June 1-4, in Nashville, Tenn. This year’s event will feature new programming designed to demonstrate why fiber is the essential infrastructure for tomorrow’s bandwidth-hungry Smart Homes. At the heart of this initiative is the Smart Home Open House, a two-day showcase dedicated to demonstrating how fiber broadband enables...

WASHINGTON--(BUSINESS WIRE)--CAGW named Sen. Warren April 2025 Porker of the Month for her efforts to expand the IRS's Direct File system to prepare and collect everyone’s taxes....

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced that its corporate venture capital arm, Booz Allen Ventures, LLC, has made a strategic investment in Scout AI to modernize legacy robotic systems and prepare for a new era of autonomous warfare. Aligned with Department of Defense (DOD) priorities and needs, Scout AI delivers a physical AI system powered by FURY—a defense-specific Vision-Language-Action (VLA) model engineered to transform unmanned systems and robotics...

WASHINGTON--(BUSINESS WIRE)--On April 9, the Fiber Broadband Association (FBA) hosted its annual Fiber Day on the Hill event at the Rayburn Foyer, drawing nearly 300 Congressional staffers and featuring key voices from both Capitol Hill and the broadband industry. The event delivered an interactive, hands-on experience designed to showcase how fiber broadband is transforming communities, strengthening the economy, and enabling the future of emerging technologies like AI. FBA was joined by 42 le...

MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) strategic consultancy and executive advisory firm, today released findings from its 2025 Key Issues Study, revealing that global business services (GBS) organizations are rapidly advancing their AI adoption. In 2024, 42% of GBS organizations piloted Gen AI, and 63% of these early adopters reported measurable gains in productivity, cost savings, and service quality. With AI’s tra...

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced that the U.S. Food and Drug Administration (FDA) has approved the Auto-Pure 2400 liquid handling platform with the T-SPOT™.TB test. Initially launched outside the U.S. in 2024, this powerful combination allows laboratories to improve productivity while maintaining superior clinical performance in latent tuberculosis (TB) detection. This milestone marks a significant advancement in the fight against TB with a faster hig...

WASHINGTON--(BUSINESS WIRE)--Hosted by the Recording Academy®, music’s biggest week in Washington, D.C. returns April 8-10, uniting congressional leaders and music makers to champion creators’ rights and honor those who have helped shape a better future for music. The annual GRAMMYs on the Hill® Awards will kick off the week, honoring seven-time GRAMMY® winner Randy Travis and United States Representatives Linda Sánchez (D-CA) and Ron Estes (R-KS) for their commitment to advancing pro-music pol...

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Karman Space & Defense Announces Successful Refinancing and Extension of its Credit Facilities under New Credit Agreement...

ROCHESTER, N.Y.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has signed a long-term agreement with the Dutch Ministry of Defence for delivery of advanced Falcon® IV radios for the FOXTROT program. The agreement is valued up to 1 billion euros. “Our battle-proven communication systems will improve secure military communications by facilitating interoperability with other European and NATO forces to address current and future threats,” said Sam Mehta, President, Communication Systems, L3Ha...

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has completed the previously announced sale of its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million. The entire $800 million cash purchase price was paid to L3Harris at the closing of the transaction. CAS specializes in commercial flight training, flight data analytics, commercial avionics and other capabilities. The business was formerly part of L3Harris’ Integrated Missions Systems seg...