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Business/Financial

HEICO To Acquire Aerospace Component Manufacturer Reinhold Industries

Defense Daily Staff

Tuesday, May 7th, 2013

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HEICO Corp. [HEI.A] yesterday said it has agreed to acquire Reinhold Industries, a designer and manufacturer of niche components and composite assemblies for commercial aviation, defense and space applications, expanding its product line. Terms of the deal, which is expected to close in June following regulatory reviews, were not disclosed. HEICO, which makes and repairs aircraft parts and electronics, said the deal is expected to be accretive to earnings within the first year of closing. Reinhold, which is currently owned…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

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Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

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Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

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