:

Business/Financial

Teledyne Technologies Unit To Acquire Filtronic PLC Defense Electronics Unit

DDN

Monday, August 4th, 2008

SHARE:

Teledyne Technologies Inc. [TDY] Aug. 1 announced its subsidiary, Teledyne Limited, has entered into an agreement to acquire the Defense Electronics business of Filtronic PLC for about $25.7 million. "The acquisition of Filtronic's Defense Electronics business further expands Teledyne's capabilities in defense microwave subsystems," Robert Mehrabian, chairman, president and CEO, said. "This acquisition, which will add expertise in receiver subsystems and digital signal processing, is consistent with Teledyne's strategy to provide more highly integrated microwave subsystems to our defense customers."…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]