Business/Financial
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Business/FinancialProtective Products Enterprises Acquires Ballistic Vest Business From MSA
The body armor firm Protective Products Enterprises, Inc. (PPE) has acquired the ballistic vest of MSA [MSA], which is increasing its focus on its core safety equipment market. Terms of […]
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Business/FinancialCyber-security Legislation Imminent
Cyber-security legislation addressing some of the recommendations House Republicans unveiled last week will emerge in the coming days, a senior lawmaker said. Rep. Mac Thornberry (R-Texas) argued yesterday Congress should […]
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Business/FinancialSotera Acquires Small Software Firm Serving Intel Missions
Sotera Defense Solutions last month acquired Software Process Technologies, Inc. (SPT), a small software engineering firm that supports the cyber missions of its customers in the intelligence community. Terms of […]
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Business/FinancialCurtiss-Wright Acquires Industrial Defense Component Manufacturer
Curtiss-Wright Corp. [CW] has acquired solenoid-based component manufacturer South Bend Controls for $10 million, boosting its portfolio of highly engineered valves and regulators. Indiana-based South Bend supplies components to the […]
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Business/FinancialDuPont Starts Up $500 Million Cooper River Kevlar Site
DuPont [DD] yesterday said it initiated the start up of its $500 million Cooper River Kevlar® facility near Charleston, S.C. The Cooper River Kevlar® plant uses state-of-the-art technology to allow […]
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Business/FinancialGD Authorizes Repurchase Of 10 Million Shares
General Dynamics [GD] this week said its board of directors has reauthorized management to repurchase up to 10 million shares of the company’s common stock, marking the third time this […]
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Business/FinancialDoD Wants Private Sector Help Prepping For Audit
The Pentagon wants to tap financial experts from the private sector for short-term assistance as it nears its 2017 deadline for being ready for a full audit. Sandra Gregory, special […]
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Business/FinancialNGA Exercises Option With GeoEye For Satellite Imagery
The National Geospatial-Intelligence Agency has exercised a near one-year option with GeoEye [GEOY] to provide satellite imagery, according to a document filed yesterday with the Securities and Exchange Commission. The […]
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Business/FinancialCACI Completes Purchase of Advanced Programs Group
CACI International [CACI] this week said it has completed its purchase of Advanced Programs Group, LLC (APG), a provider of Oracle [ORCL] e-Business services. Terms of the deal were not […]
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Business/FinancialHavenstein To Retire As SAIC’s CEO Next June
Two years after taking over the top job at SAIC [SAI], the company said yesterday that Walt Havenstein will be retiring as CEO effective June 15, 2012 for personal reasons. […]
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