Updated May 22 at 3:22pm
Defense Industry
29 results total, viewing 11 - 20
OM Group Inc. has completed its acquisition of Ener-Tek International Inc., which operates under the brand name Yardney Technical Products, according to a press release issued this week. more
U.S. Defense Secretary Chuck Hagel is stepping down from his post after 21 months in office amid tension with the White House over strategy and the rise of new security challenges to the country. more
Capt. Howard Goldman will relieve Capt. Todd Cramer as commander of the Naval Undersea Warfare Center Division Newport during a change of command ceremony on Friday at 1 p.m. more
Textron Inc.’s Bell Helicopter unit received a commitment from China’s Reignwood Group to purchase 50 helicopters to meet growing demand for travel and tourism. more
The Naval Undersea Warfare Center dedicated a new $24.9 million payload research facility on Wednesday. more
WalletHub, the personal finance social network, released a study looking at the rates at which S&P 100 companies are taxed at the state, federal and international levels. more
Rear Adm. Michael E. Jabaley will become commander of the Naval Undersea Warfare Center on Friday, relieving Rear Adm. David M. Duryea, during a change of command ceremony. more
The decommissioned USS Saratoga is on its way from Naval Station Newport to a recycling plant in Brownsville, Texas, where it will be scrapped and recycled, according to the U.S. Navy. more
General Dynamics Electric Boat is in a hiring surge to meet the requirements of U.S. Navy contracts and has already added more than 720 new employees at its Quonset Point facility since the beginning of the year, according to Jason Vlaun, the company’s human resources manager. more
KVH Industries Inc., a provider of guidance and Internet systems for the maritime and defense industries, reported second-quarter net income of $55,000, or zero cents per share, an improvement over the first-quarter net loss of $1.1 million but a 96.5 percent decline compared with net income of $1.6 million, or 10 cents per share, for the second quarter of 2013. more
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