Business/Financial
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Business/FinancialRockwell Collins Posts Higher Earnings In Second Quarter
Rockwell Collins [COL] on Thursday reported higher net income in its second quarter driven by a lower tax rate, lower research and development expense and higher profit in its information […]
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Business/FinancialSmiths Group Agrees To Acquire Morpho Detection From Safran
Britain’s Smiths Group on Thursday said it has agreed to acquire the California-based detection business of France’s Safran Group for $710 million, a deal that would give it a marquis […]
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Business/FinancialData Device Acquires Microelectronics Business
The private equity firm Behrman Capital on Tuesday said its portfolio company Data Device Corporation (DDC) has agreed to acquire the Microelectronics Business of Maxwell Technologies [MXWL] for $21 million […]
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Business/FinancialTeledyne To Acquire Quantum Data
Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire Quantum Data, a designer and manufacturer of electronic test and measurement instrumentation, expanding its test solutions. Terms of the […]
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Business/FinancialDeloitte Says A&D Sector Continues To Benefit U.S. Exports
Exports in the aerospace and defense (A&D) sector grew last year led by commercial aircraft, despite an overall decline in total exports from the United States, according to a new […]
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Business/FinancialJustice Department, FTC Issue Statement Justifying Close Watch On Defense Industry Consolidation
The Department of Justice and the Federal Trade Commission (FTC) have issued a joint statement explaining the need to police mergers of defense firms to preserve competition and ensure the […]
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Business/FinancialRep. Hurd Suggests Government Collect Cyber Data Based On Private Sector Needs
Cyber thieves and hackers are targeting the nation’s critical infrastructure, which means that the federal government should be collecting intelligence on these potential threats based on requirements generated by the […]
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Business/FinancialTeledyne To Acquire Marine Geospatial Firm CARIS
Teledyne Technologies [TDY] on Friday said it has agreed to acquire CARIS, a developer and supplier of software for marine geospatial information used by private and public sector organizations internationally. […]
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Business/FinancialAlbany International Completes Acquisition Of Harris’ Aerostructures Business
Albany International Corp. [AIN] on Friday said it has completed its $210 million acquisition of Harris Corp.’s [HRS] Aerostructures business in a deal that complements its existing aerospace composites business. […]
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Business/FinancialUnisys Cloud Offering Included In FedRAMP Accelerated Pilot
Unisys’s [UIS] Service Management Government Cloud offering will be included in a U.S. General Services Administration (GSA) Federal Risk and Authorization Management Program (FedRAMP) pilot program to speed up reviews […]