Cubic Corporation announced on Wednesday it has accepted a proposal from Veritas Capital and Evergreen Coast Capital to increase the price per share of their pending acquisition of Cubic to $75.00 per share in cash. By accepting the proposal, Cubic has entered into an amended agreement with Veritas and Evergreen. The all-cash transaction will be valued at approximately $3 billion.
TYSONS CORNER, VA, March 4, 2019 “” The aerospace business of ST Engineering will provide aircraft maintenance services to an existing North American customer as part of an estimated $600M contract that could potentially run through a 10-year period beginning 2020, GovCon Wire reported Tuesday. ST Engineering’s VT Systems said Feb. 25 the contract covers […] More