Business/Financial
-
Business/FinancialObama’s Call For $400 Billion In DoD Cuts Spurs Skepticism, Praise On Hill
By Emelie Rutherford President Barack Obama’s call yesterday to cut $400 billion in defense spending by 2023 after reassessing the role of the U.S. military has generated skepticism among some […]
-
Business/Financial
Curtiss-Wright Completes Deal For BASF’s Surface Technologies Unit
Curtiss-Wright Corp. [CW] this week said it has completed its acquisition of the assets of German chemical manufacturer BASF Corp.‘s Surface Technologies business, expanding its capabilities in coatings technology. Terms […]
-
Business/Financial
Marinette Marine Gets $22 Million Award For More Response Boat-Mediums
The Coast Guard has awarded Marinette Marine a $21.9 million contract for 10 additional Response Boat-Medium (RB-M) craft slated to begin delivery in the fourth quarter of 2012. So far […]
-
Business/Financial
Curtiss-Wright Acquires Ground Support Vehicle Supplier
Curtiss-Wright Corp. [CW] this week said it has acquired Britain-based Douglas Equipment Ltd., a supplier of ground support vehicles to defense and commercial aviation markets, for $20 million in cash. […]
-
Business/Financial
GTEC Changes Name To Sotera Defense Solutions
In conjunction with the closing of its acquisition of Global Defense Technology & Systems (GTEC) yesterday, the private equity firm Ares Management has changed the name of the company to […]
-
Business/Financial
Lockheed 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 […]
-
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. […]
-
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], […]
-
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 […]
-
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 […]