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BUSINESS BRIEFS.(TO THE POINT)
DEFENSE
Engineered Support falls on miss
The defense contractor fell 10% to 35.10 after production delays and increased costs from a military mobile power generation and distribution system dragged down Q2 results. Earnings with one-time items of 46 cents a share rose ...
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- St. Louis Post-Dispatch Business Briefs Column.
- Newspaper article from: Knight Ridder/Tribune Business News October 3, 2003 700+ words
...valued at $91 million. ENGINEERED SUPPORT UNIT WINS DEAL: Radian Inc...Alexandria, Va., a unit of Engineered Support Systems Inc. of Cool Valley...chairman and chief executive of Engineered Support. CERNIUM VIDEO SYSTEM GETS...
- Engineered Support is closer to buyout.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) January 31, 2006 700+ words
...began writing the final chapter of Engineered Support Systems Inc.'s history on Monday...contractor for about $2 billion. Engineered Support's 20-year run as a publicly traded...overwhelmingly approved the acquisition of Engineered Support at a special meeting on Monday...
- Engineered Support sells for $2 billion.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) September 22, 2005 700+ words
...nearly $2 billion to acquire Engineered Support Systems Inc. in a deal that...share of Cool Valley-based Engineered Support -- 70 percent in cash and 30 percent in DRS stock. Engineered Support employs 3,600 people, including...
- Engineered Support Systems Inc.'s revenue drops sharply.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, MO) December 14, 2005 700+ words
...McLaughlin Dec. 14--The rocky ride at Engineered Support Systems Inc. continued Tuesday...Securities and Exchange Commission into Engineered Support's disclosure practices and suspicions...prepares to buy Cool Valley-based Engineered Support for nearly $2 billion. DRS is buying...
- SEC inquiry centers on Engineered Support chief's son.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) May 8, 2005 700+ words
...regulators are investigating the son of Engineered Support Systems Inc. Chairman Michael F...an insurance brokerage that sold Engineered Support most of its coverage in 2002 and...from that arrangement and whether Engineered Support properly disclosed the commission...
- Engineered Support added to options probe.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, MO) June 12, 2006 700+ words
...expanded their investigations of Engineered Support Systems Inc. as they dig into...backdating" of option grants at Engineered Support. Investigators are looking into activity at Engineered Support before DRS acquired it, New...
- Story Engineered Support actions beg questions.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) June 20, 2005 700+ words
...program in October, senior leaders at Engineered Support Systems Inc. dialed their stockbrokers...it would have been a red flag that Engineered Support was having problems with a major...on important corporate contracts, Engineered Support executives kept production delays...
- Another of Engineered Support's shepherds of growth is leaving.
- Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News) May 13, 2005 700+ words
...the leadership team instrumental in Engineered Support Systems Inc.'s rapid growth of...the chairman at Cool Valley-based Engineered Support. He also will resign from the company...the company at $750,000 a year, Engineered Support disclosed last week. The remaining...