Business/Financial
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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/Financial
DuPont 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/Financial
GD 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/Financial
DoD 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/Financial
NGA 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/Financial
CACI 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/Financial
Havenstein 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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Business/Financial
TSA Selects BAE, Morpho, NCR For Credential Authentication Program
After a number of delays, the Transportation Security Administration (TSA) on Friday selected Britain’s BAE Systems, MorphoTrust and NCR Government Systems to compete for work under a program to provide […]
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Business/Financial
GD Completes Acquisition Of Healthcare IT Provider Vangent
General Dynamics [GD] on Friday said it has completed its purchase of federal healthcare information technology (IT) company Vangent, for $960 million from the private equity firm Veritas Capital. GD […]
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ArmyArmy Expects Humvee Recap Draft RFP Early Next Month
The government has released its executive summary of its plans for an Up Armored High Mobility Multipurpose Wheeled Vehicle Competitive Recapitalization and Modernization program. Cost is a major driver, and […]