by Joe Katzman | Sep 18, 2007 | Mergers & Acquisitions, Other Corporation, USA
ITT Corporation of White Plains, NY and has reached a definitive agreement for ITT to purchase all outstanding shares of NYC-based EDO Corp. for $56 per share in cash. Including approximately $120 million of net debt and the anticipated conversion of convertible...
by Joe Katzman | Sep 17, 2007 | Contracts - Awards
MiG-31 Foxhound(click to view full) Kazakhstan Today reports the Russia’s RSK-MiG signed a $60+ million contract at the MAKS 2007 aerospace show to refurbish and upgrade Kazakh aircraft. Reports indicate that the aircraft are 10 of Kazakhstan’s 50 MiG-31...
by Joe Katzman | Sep 17, 2007 | Contracts - Awards, Logistics, Other Corporation, USA
The United States Transportation Command (US TRANSCOM) Directorate of Acquisition at Scott Air Force Base, Ill. has issued 9 multiple-award, indefinite delivery/ indefinite quantity, fixed-price contracts with a total maximum value of $400 million. The contractors...
by Joe Katzman | Sep 16, 2007 | Contracts - Awards, Helicopters & Rotary, Issues - Political, Official Reports, Policy - Personnel, Projections & Assessments, Tanks & Mechanized, Trucks & Transport, USA, Warfare - Trends
(click to view PDF) DID’s FOCUS Article covering the US Army’s RESET maintenance programs shone a light on an under-appreciated aspect of defense spending. Now a Congressional Budget Office report says the US Army has received $38 billion to date to...
by Joe Katzman | Sep 16, 2007 | Americas - Other, Contracts - Awards, Contracts - Modifications, Helicopters & Rotary, Other Corporation, Support & Maintenance
CH-149 Cormorant(click to view full) The Aerospace Division of Halifax-based IMP Group Ltd. recently received a second 7-year increment for its contract to maintain Canada’s search and rescue (SAR) helicopter fleet. This original contract, which was...
