:

Business/Financial

Teledyne To Acquire U.K. Microwave Electronics Firm

DDN

Thursday, June 17th, 2010

SHARE:

Teledyne Technologies Inc. [TDY] yesterday said it has agreed to acquire Britain's Intelek plc for $52 million, including stock options, net and pension debt, to expand its capabilities in microwave electronic systems and components. The cash value of the deal is $41.4 million. "The operations of Intelek are highly complementary with Teledyne's existing microwave business," Robert Mehrabian, Teledyne's chairman, president and CEO, said in a statement. "In particular, Paradise Datacom's high power solid state amplifiers and modems for commercial customers…

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]