SP's MAI Issue No. 3-4 | February 01-28, 2015 - Corporate Updates
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CORPORATE
T. Suvarna Raju takes over as HAL ChairmanT. Suvarna Raju, who has a distinction of being granted the first patent in Hindustan Aeronautics Limited (HAL) in January 2002, has been entrusted Additional Charge as Chairman, HAL.
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CORPORATE
Raytheon acquires Tucson-based Sensintel IncRaytheon Company has acquired privately-held Sensinte Inc a leading provider of unmanned aircraft systems (UAS) solutions to the intelligence and special operations markets.
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CORPORATE
Harris Corporation to acquire ExelisHarris Corporation and Exelis, Inc. announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at $23.75 per share, or an approximately $4.75 billion...
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CORPORATE
Huntington Ingalls acquires Engineering Solutions DivisionHuntington Ingalls industries (HII) has acquired the Engineering Solutions Division (ESD) of the Columbia Group, a leading designer and builder of unmanned underwater vehicles...
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CORPORATE
CAE to acquire Bombardier's Military Aviation Training unitCAE and Bombardier announced that they have signed an agreement for CAE’s acquisition of Bombardier’s Military Aviation Training business for approximately C$19.8 million.
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CORPORATE
L-3 acquires Miteq IncL-3 acquires Miteq Inc L-3 Communications (LLL) announced that it acquired the assets of Miteq Inc on January 21, 2015, for $41 million, subject to customary adjustments.