Business/Financial
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Business/FinancialPrivate Equity Firm DC Capital Partners Acquires CompSec
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 […]
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Business/Financial
TriMas Expands Presence In Aerospace Market With Acquisition
TriMas Corp. yesterday said it has acquired Martinic Engineering for $19 million, providing it with new engineered products for the aerospace industry. Martinic, which is based in California, manufactures precision […]
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Business/Financial
Teledyne To Acquire Danish Marine Acoustics Firm
Teledyne Technologies, Inc. [TDY], yesterday said it has agreed to acquire RESON A/S. a Denmark-based provider of marine acoustic imaging and measurement solutions, to complement the company’s marine instrumentation and […]
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ArmyRaytheon Tests Active Protection System, Says Shows Maturity
Raytheon [RTN] is ready for formal government testing in March of its Quick Kill Active Protection System (APS) following the success of its own tests that a company official said […]
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Business/Financial
General Atomics Acquires Source For Key Electrical Components
General Atomics said its Electromagnetic Systems Group has acquired a business unit of Circuit Components, Inc. (CCI), a deal which provides it with a United States-based and owned source of […]
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Business/Financial
ATK Looks To Regain Lost Satellite Component Market Share
BELTSVILLE, Md. — ATK [ATK] is looking to take advantage of reformed export control laws to regain satellite components market share. “We export a lot of our components and, hopefully, […]
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Army
Army Avoids Nearly $300 Million With Early Closure at Chemical Agent Disposal Facility
The Army Chemical Materials Activity (CMA) yesterday said it recently realized a cumulative cost avoidance to taxpayers of more than $290 million by achieving the end of closure operations early […]
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Business/Financial
New Cyber Security Product Firm Open For Business
TaaSERA, a provider of real-time detection and threat analysis cyber security solutions, yesterday announced its entry as a company in the cyber security space, and introduced its first product, a […]
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Business/Financial
Raytheon’s Earnings Tumble On Flat Sales In Fourth Quarter
Flat sales, a debt retirement charge and higher operating costs drove Raytheon’s [RTN] fourth quarter earnings down and the company is forecasting sales and earnings declines for 2013. Net income […]
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Army
Army Orders Upgrades Manpack Radios To Communicate With SATCOM System
Under a $5 million contract, the Army ordered kits in December to upgrade 100 of General Dynamics’ [GD] Handheld, Manpack, Small Form Fit (HMS) AN/PRC-155 two-channel Manpack radios to enable […]