Business/Financial
-
Business/FinancialLockheed Martin Opens Year With Solid First Quarter; Raises Guidance
Lockheed Martin [LMT] on Tuesday posted solid results in its first quarter with earnings and sales higher and the company increased its outlook this year for the top and bottom […]
-
Business/FinancialBollinger Expands Ship Construction, Repair Capabilities With Gulf Island Acquisition
Shipbuilder Bollinger Shipyards on Monday said it has acquired Gulf Island Fabrication, Inc.’s [GIFI] shipyard division and facilities in a $26.4 million deal that expands its capacity and capabilities to […]
-
Business/FinancialTransDigm To Sell Airborne Components Business Unit To Private Equity Firm
TransDigm Group Inc.’s [TDG] Belgium-based Technical Airborne Components (TAC) business unit on Tuesday said it has agreed to be acquired by the private equity firm Searchlight Capital Partners. Terms of […]
-
Business/FinancialElbit America Completes $380 Million Acquisition Of Sparton
Elbit Systems of America on Tuesday said it has completed its $380 million acquisition of Sparton Corp. in a deal that expands its work on naval systems. The acquisition also […]
-
Business/FinancialLockheed Martin Names Lauderdale As New F-35 Chief
Lockheed Martin [LMT] on Monday named Bridget Lauderdale as the new head of its F-35 strike fighter program, succeeding Greg Ulmer, who became executive vice president of the company’s Aeronautics […]
-
Business/FinancialAnduril Acquires UAS Developer Area-I
Anduril Industries on Thursday said it has acquired Area-I in a deal that builds out its line of unmanned aircraft systems (UAS) with fixed-wing aircraft and related technologies. Terms of […]
Tagged in: -
Business/FinancialJ.F. Lehman Invests In Gimbaled Camera System Developer Trillium Engineering
The private equity firm J.F. Lehman & Company on Wednesday said it has made a “substantial investment” in Trillium Engineering, a small developer and provider of gimbaled camera systems for […]
Tagged in: -
Business/FinancialElbit Acquires BAE’s Rokar GPS Solutions Business
Israel’s Elbit Systems [ELST] on Thursday said it has acquired Rokar International from BAE Systems, Inc. for $31 million, pulling in a key supplier of GPS receivers and guidance systems […]
Tagged in: -
Business/FinancialCubic Accepts Revised Private Equity Offer Despite Higher Bid From ST Engineering
A day after Singapore’s ST Engineering increased its bid for Cubic Corp. [CUB], the California based transportation and defense contractor on Wednesday said accepted a revised, but still lower, offer […]
-
Business/FinancialBiden Unveils US Plan To Invest Billions In R&D, Manufacturing; Raise Corporate Tax Rate
President Biden on Wednesday was set to present a $2 trillion jobs plan for America that includes nearly $500 billion in proposed investments in spending on research and development and […]
Tagged in: