:

Business/Financial

Curtiss-Wright To Acquire Vehicle Controls Supplier Williams Controls

Defense Daily Staff

Friday, November 2nd, 2012

SHARE:

Curtiss-Wright Corp. [CW] yesterday said it has agreed to acquire Williams Controls [WMCO], a designer and manufacturer of electronic sensors and electronic throttle controls for heavy trucks, off-road equipment and military vehicles. Curtiss-Wright will pay about $119 million for Williams Controls through a $15.42 per share cash tender offer. Williams Controls’ closing stock price on Wednesday, the day before the deal was announced, was $10.91. Curtiss-Wright said the pending deal is a further step on its path to be the…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]