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Kratos Completes Sale of the U.S. and U.K. Operations of Its Electronic Products Division

2015-08-24 13:28:11| Telecom - Topix.net

Kratos Defense & Security Solutions, Inc. , a leading National Security Solutions provider, announced today that it has completed the previously announced sale of the U.S. and U.K. operations of its Electronic Products Division to Ultra Electronics Holdings plc for $260 million in cash plus up to $5 million for taxes incurred as part of the transaction, less a $2.0 million escrow to satisfy any purchase price adjustments and a working capital adjustment currently estimated as a net reduction of $7.6 million . The Company expects to pay $13 million in transaction-related costs and approximately $10 million in federal and state income taxes, resulting in net cash proceeds to the Company of approximately $232.4 million.

Tags: products sale electronic operations

 

BAE Systems To Continue Operations And Maintenance Services For Solid State Phased Array Radar System

2015-08-21 10:43:23| rfglobalnet News Articles

The U.S. Air Force has awarded BAE Systems a contract modification to continue the company’s operations and maintenance support services for the Solid State Phased Radar System (SSPARS).

Tags: services system state systems

 
 

20 Companies with Zero Waste to Landfill Operations

2015-08-21 07:12:00| Waste Age

Twenty companies that have embraced zero waste with facilities that send virtually no waste to landfills. read more

Tags: companies operations waste landfill

 

Croatia Control Takes ARES into Operations

2015-08-20 17:05:00| Airport Technology

The ATM Radar Emergency System, ARES, supplied and installed by Si ATM, has been in operational use by Croatia Control since February 2014. Si ATM and Croatia Control Ltd signed a contract in October 2012 for the Supply and Installation of ARES.

Tags: control takes operations croatia

 

ER2 to Expand E-Waste Recycling Operations to Tennessee

2015-08-20 09:36:00| Waste Age

ER2 Electronic Responsible Recyclers is expanding operations with the addition of a $1.8 million e-waste recycling facility in Memphis, Tenn. read more

Tags: expand operations tennessee recycling

 

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