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Hydroids LBS AUV enters full-rate production for US Navy
2013-02-20 10:10:00| Naval Technology
Kongsberg Maritime subsidiary Hydroid's littoral battlespace sensing (LBS) autonomous underwater vehicle (AUV) has entered into full-rate production (FRP) for the US Navy's Space and Naval Warfare Systems Command (SPAWAR).
Tags: production
navy
lbs
enters
Leighton enters exclusive talks to sell NextGen
2013-02-20 10:04:00| Telecompaper Headlines
(Telecompaper) Australian builder Leighton Holdings is in exclusive talks to sell 70 percent of its data telecom subsidiary, NextGen, to a consortium led by the Ontario Teachers' Pension Plan. The sale values NextGen at AUD 885 million. Leighton said in September last year that it would sell the subsidiary to an unnamed company to pay down its debt. NextGen's assets include a long-haul fibre optic network, cloud storage division Infoplex and data centre company Metronode. The transaction is subject to standard closing conditions. Leighton CEO Hamish Tyrwhitt said a key element of the company's strategy is the recycling of capital such as its telecom infrastructure assets which are considered non-core. The proposed sale follows the completion of a detailed strategic review of the assets, and bids from various parties. Leighton remains fully committed to providing construction, maintenance and field services to the telecom market through a number of subsidiaries. Leighton is controlled by Spanish group Actividades de Construccion y Servicios through its German subsidiary Hochtief.
Tags: sell
exclusive
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Resinate Enters Distribution Agreement with Hall Technologies for its Resinate Brand Resins
2013-02-20 06:00:00| Coatings World Breaking News
Tags: agreement
brand
distribution
hall
Shepherd Center Enters Agreement for Exoskeleton Commercialization
2013-02-20 00:46:22| Industrial Machines - Topix.net
Parker Hannifin Corporation recently entered into a formalized agreement with Shepherd Center, Atlanta, Ga, designed to support the commercialization of Parker's exoskeleton device Indego.
Tags: center
agreement
enters
shepherd
Republic chain enters administration
2013-02-13 12:43:04| BBC News | Business | UK Edition
Leeds-based fashion chain Republic, which employs 2,500 staff, confirms that it has become the latest High Street name to go into administration.
Tags: administration
chain
republic
enters
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