Business/Financial

Drew Marine, a portfolio company of the private equity firm J.F. Lehman & Company, yesterday said it has acquired marine products distributor Alexander/Ryan Marine & Safety to boost its growth […]

Cubic Corp. [CUB] on Friday named William Boyle, who previously was the company’s interim CEO and its chief financial officer, as the permanent CEO. Boyle, 78, became interim CEO in […]

ITT Exelis [XLS] yesterday said it has completed its $16.8 million acquisition of Australia’s C4i Pty. Ltd from the Longreach Group Limited, boosting its presence in Australia and bolstering its […]

L-3 Communications [LLL] this week posted slightly higher sales in its fourth quarter due to acquisitions but net income fell due to a difficult comparison from a year ago when […]

The private equity firm The Carlyle Group [CG] yesterday said its portfolio company Dynamic Precision Group has acquired Paradigm Precision Holdings, a provider of highly engineered components for turbine engines […]

The expected merger between commercial satellite imagers DigitalGlobe [DGI] and GeoEye (GEOY) finalized yesterday. The combined company, to be known as DigitalGlobe, has a market capitalization of $2.1 billion, based […]

Singapore Technologies Engineering Ltd (ST Engineering) yesterday said it has received a contract from Singapore’s Ministry of Defense (MINDEF) to design and build eight new vessels.  Under the contract, the […]

Boeing [BA] yesterday reported a sharp drop in fourth quarter earnings due to an unfavorable comparison with a year ago when the company benefited from a large tax benefit but […]

Northrop Grumman [NOC] yesterday posted a slight decrease in its net earnings in the fourth quarter, although the results were stronger than expected due to improved operating performance at two […]

DC Capital Partners yesterday said it has acquired Computer Security Solutions, Inc. (CompSec), an information technology company primarily serving the United States intelligence community. Terms of the deal were not […]