Jay Clemens

Budget Cuts Trim Aerospace and Defense M&As in Q1 2013

Federal budget cuts have reduced mergers and acquisitions in the aerospace and defense industry in the first quarter of 2013, causing financial services firms to lay off some analysts, the Washington Post reported Sunday. Citing a report from advisory firm Deloitte, Steven Overly writes M&A activities in the sector declined …

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RagingWire Invests $150M in Virginia Data Centers

Sacramento, Calif.-based data center company RagingWire has signed a deal with Virginia to raise its investment in the state to $150 million and gain tax incentives, the Washington Post reported Sunday. Marjorie Censer writes RagingWire opened in 2012 a 150,000-square-foot data center in Loudoun County, Va., worth nearly $42 million, and …

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General Dynamics Secures U.K. Cloud-Based Procurement Framework Contract; Stephen Meyler Comments

A General Dynamics business unit has become a U.K. cloud services supplier under a framework agreement intended to help the public sector acquire information and communication technology offerings. Under the Government Procurement Service G-Cloud framework, General Dynamics Information Technology will develop and integrate Microsoft’s Dynamics CRM, supply email services, secure cyber …

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Exelis Expands Aircraft Composite Facility

ITT Exelis has expanded its Salt Lake City-based composite design and manufacturing facility as part of a multi-phase development plan intended to meet demand in the military and commercial aviation sectors. Exelis installed an automated tape layer for the fiber placement and precision hand lay-up system to develop components for …

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WBB to Provide CBP Support Services

WBB has won a contract to help an Customs and Border Protection agency manage projects and programs that aim to implement enterprise-level tactical wireless communications and architecture. The joint wireless program management office within CBP’s wireless program office is responsible for helping the Department of Homeland Security coordinate and manage …

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TransDigm Buys Aviation Service Provider Aerosonic

TransDigm Group Inc. has acquired post-market aviation support services provider Aerosonic Corp. for approximately $39 million cash. Aerosonic develops aviation standby displays, sensors and probes, and provides support for these components, acquisition adviser Bluestone Capital Partners said June 5. TransDigm bought Aerosonic’s outstanding shares for $7.75 per share in cash, which …

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Northrop Grumman to Provide Curacao Ground-to-Air Comm System

A Northrop Grumman subsidiary has won a contract with the Dutch Caribbean Air Navigation Service Provider to deploy a communication system for pilots and ground personnel in the Curacao region. U.K.-based Park Air Systems will install radios atop  Curacao island’s Seru Gracia, where flights between North and South America pass by, Northrop …

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Wyle Chooses iPatientCare’s EHR for NASA Human Research Program; David Rubin Comments

Wyle Labs has selected iPatientCare Inc. to provide the NASA Human Research Program with an ambulatory electronic health record for the exploration medical demonstration project, according to joint company statement. The project is intended to help remote medical teams diagnose, treat and perform procedures for NASA’s exploration crew during medical emergencies, said Kedar …

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