Business/Financial
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Business/FinancialLockheed Martin Completes Sale of PAE Unit To Private Equity Firm
Lockheed Martin [LMT] yesterday said that it has completed the divestiture of its Pacific Architects and Engineers (PAE) business unit to the private equity firm Lindsay Goldberg, LLC. Terms of […]
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Business/Financial
Private Equity Firm Completes Purchase of GTEC
Global Defense Technology & Systems yesterday said that the private equity firm Ares Management LLC completed the tender offer for its common stock, the last hurdle before closing the acquisition. […]
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Business/Financial
Ducommun To Acquire LaBarge, Expanding Capabilities And Customer Base
By Calvin Biesecker Ducommun Inc. [DCO], a provider of aero structures and electromechanical assemblies for the aerospace and defense industry, yesterday said it has agreed to acquire LaBarge, Inc. [LB], […]
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Business/Financial
BAE Completes Purchase of Fairchild Imaging
Britain’s BAE Systems yesterday said it has completed its acquisition of California-based Fairchild Imaging, a developer and manufacturer of solid state electronic imaging components, cameras and systems, for $86 million […]
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Business/Financial
Goodrich To Acquire Italian Flight Control Firm Microtecnica
Goodrich Corp. [GR] on Friday said it has agreed to acquire Italy’s Microtecnica from the United Kingdom-based private equity firm SSCP Aero Holdings for $462 million in cash, adding to […]
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Business/Financial
KEYW Buys Another Cyber Security Firm, JKA Technologies
By Calvin Biesecker KEYW Corp. [KEYW] on Friday said it has acquired JKA Technologies, a provider of information assurance and other information technology services to the intelligence community. KEYW paid […]
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Business/Financial
Providence Equity To Acquire SRA For $1.9 Billion
By Calvin Biesecker The private equity firm Providence Equity Partners on Friday said it has agreed to acquire the government information technology (IT) and services firm SRA International [SRX] for […]
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Air ForceAir Force Extends NETCENTS Contract Two Years
The Air Force has extended for two years its network information technology (IT) contract with its eight prime contractors as it continues to piece together a follow-on to the NETCENTS […]
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Business/Financial
API Technologies To Purchase Spectrum Control
API Technologies [ATNY] yesterday said it has agreed to acquire Spectrum Control [SPEC], a provider of custom industrial products and electronic solutions for the global defense, aerospace, industrial and medical […]
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Business/Financial
Raytheon Boosts Annual Dividend
Raytheon [RTN] yesterday said it is increasing its annual dividend payment by 15 percent to $1.72 per share, the seventh straight year the company has boosted its dividend. The quarterly […]