:

Business/Financial

Private Equity Firm AE Industrial Partners Acquires American Pacific

By Cal Biesecker

Friday, February 7th, 2020

SHARE:

Private Equity Firm AE Industrial Partners Acquires American Pacific

American Pacific's perchlorate products are used in space flight and defense systems. Photo: American Pacific

The private equity firm AE Industrial Partners (AEI) last Thursday said it has acquired specialty chemicals manufacturer American Pacific Corporation, which services the defense, space, pharmaceutical and fire suppression markets. Terms of the deal were not disclosed. American Pacific, which was owned by Huntsman Family Investments, provides specialty chemicals used in solid rocket motors for space launch and military missiles. On its website, American Pacific says its products are typically sold through long-term contracts and it has established long-term strategic…

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]

Congress

HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics

The House Armed Services Committee (HASC) added several measures to its version of the next defense policy bill seeking more details from the Army on efforts to develop future logistics […]