LaBarge Secures $9.7 Million Agreement from Raytheon Wednesday, August 20, 2008 LaBarge, Inc. has received the initial award in a multiyear agreement from Raytheon Missile Systems to provide complex interconnect harnesses for the new Miniature Air Launch Decoy (MALD) program.
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General Dynamics to Acquire Jet Aviation for $2.25 Billion Tuesday, August 19, 2008 General Dynamics and Dreamliner Lux S.a.r.l., a company controlled by Permira Funds, have entered into a definitive agreement for General Dynamics to acquire Zurich, Switzerland-based Jet Aviation for CHF 2.45 billion (US $2.25 billion) in cash.
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DRS Technologies Secures Raytheon Contract Friday, August 15, 2008 DRS Technologies announced that it received a $116.6 million contract from Raytheon to provide sighting systems and components used aboard U.S. Army combat and tactical-wheeled vehicles.
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Calian Receives Aerial Head Assemblies Contract from DRS Friday, August 15, 2008 Calian Technologies Ltd. is pleased to announce that its SED division has received a contract valued at $11.7 million from DRS Sustainment Systems Inc. to manufacture Aerial Head Assemblies (AHAs) for DRS's Manportable Surveillance and Target Acquisition Radar (MSTAR).
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ITT Awarded Foreign Military Sales Contract Wednesday, August 13, 2008 ITT Corporation announced that its Communications Systems business has been awarded a five-year Foreign Military Sales (FMS) contract by the U.S. Army Communications Electronics Command (CECOM).
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DRS Technologies Reports 1Q Fiscal 2009 Revenue Up 29% YoY Friday, August 08, 2008 Consolidated revenues for the first three months of fiscal 2009 were $951.9 million, 29% above revenues of $735.6 million for the same period last year. Record first quarter revenues were attributable entirely to organic growth.
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