:

Business/Financial

Esterline To Acquire Maker of Specialized Fasteners

DDN

Thursday, November 20th, 2008

SHARE:

Esterline Corp. [ESL] said this week it has agreed to acquire specialized fastener producer NMC Group for $90 million, in a deal that will extend its product offering to include advanced fastener capabilities used in aerospace and defense. California-based NMC designs and produces specialized plastic and composite-adhesive-bonded fasteners. The company also makes a variety of other aviations products including aerospace clamps, grommets, bushings and wire routing devices. NMC's products are on a number of Boeing [BA] commercial aircraft, including the…

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]

Congress

House Appropriators Concerned With ‘Risky’ Reconciliation Approach To Fund Munitions, F-35 Plans

The House Appropriations Committee has raised concern with the Trump administration’s “risky” approach to seeking significant fiscal year 2027 funding for key priorities such as critical munitions and F-35 procurement […]

Budget

Lawmakers Push Shipbuilding Accountability And Submarine Reports In House Appropriations Bill

The House Appropriations Committee’s mark of the FY ‘27 defense spending bill includes shipbuilding accountability provisions given increasing cost-to-complete requests and perennially delayed shipbuilding programs. The bill report said that […]

Congress

Six F-35Bs Delivered Without Radars Thus Far, Program Director Says

The U.S. Marine Corps thus far has received six F-35B fighters without radars, as the service waits on Northrop Grumman‘s [NOC] delivery of the AN/APG-85 radar, which is to replace […]