Business/Financial
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Business/Financial
HEICO Acquires Majority Stake In Military Aircraft Parts Firm
HEICO Corp. [HEI] yesterday said it has acquired an 80 percent stake in military aircraft parts and support services firm Blue Aerospace, which primarily services foreign military organizations allied with […]
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Business/Financial
CBP Awards FLIR, Griffon Contracts For Mobile Surveillance Systems
Customs and Border Protection (CBP) last week awarded FLIR Corp. [FLIR] and Griffon Corp. [GFF] each contracts to supply the agency’s Border Patrol with mobile surveillance towers and equipment for […]
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Business/Financial
ManTech Acquires C4ISR Firm MTCSC
ManTech International [MANT] last month acquired MTCSC Inc., a provider of C4ISR systems integration, cyber and network engineering capabilities, for $75 million in cash. The deal is expected to be […]
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Business/Financial
Rockwell Collins Acquires Sensor Simulation Firm
Rockwell Collins [COL] on Tuesday said it has acquired Blue Ridge Simulation, Inc., a small sensor simulation company serving the Defense Department, commercial and international training applications. Terms of the […]
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Business/Financial
National Technical Systems Acquires Engineering Services Firm
National Technical Systems [NTSC], an engineering services firm to a number of industries including aerospace and defense, has acquired the engineering services firm Mechtronic Solutions, Inc. (MSI), which works mainly […]
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Business/Financial
Raytheon To Acquire Applied Signal For $490 Million
By Calvin Biesecker Raytheon [RTN] yesterday said it has agreed to acquire the defense electronics firm Applied Signal Technology Inc. [APSG] for $38 per share, worth $490 million in cash, […]
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Business/Financial
GeoEye Completes Acquisition of SPADAC
GeoEye [GEOY] yesterday said it has completed its acquisition of the geospatial predictive analytics company SPADAC for $46 million in cash and stock, strengthening its information services business and expanding […]
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Business/Financial
Aerospace Sales To Eke Out Small Gains In 2010 And 2011, AIA Predicts
By Calvin Biesecker The aerospace industry is projected to generate scant 1 percent sales gains this year and next, with growth in 2010 driven by military aircraft sales and in […]
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Business/Financial
Elbit’s Subsidiary In U.S. Completes M7 Aerospace Acquisition
The Elbit Systems of America subsidiary of Israel’s Elbit Systems yesterday said it acquired 100 percent of M7 Aerospace LP in a $85 million all cash transaction. "We are pleased […]
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Business/Financial
TCS Agrees To Acquire Trident Space & Defense
TeleCommunication Systems, Inc. [TSYS] on Monday said it has agreed to acquire Trident Space & Defense, LLC, a provider of engineering and electronics solutions for the space and defense markets, […]