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L-3 Com Buys Navigation Business.(Brief Article)
L-3 Communications (NY) said it has signed a definitive agreement to purchase, for cash, the Space and Navigation Business of the former AlliedSignal Inc., which has been merged as part of Honeywell International Inc. The acquisition also includes the former AlliedSignal's MicroSciras inertial sensor product which is based on MEMS technology. MicroSciras is the next-generation silicon- based navigation technology, which replaces conventional gyroscope, fiber-based inertial systems. It is a promising technology to solve the cost, size, and reliability constraints of smart munitions.
The transaction has a value of $55 million. The acquisition is anticipated to be complete by the end of 1999, and is expected to be accretive to earnings in 2000.
Headquartered in Teterboro, New Jersey, Space and Navigation Systems is a leader in navigation products for major weapon systems and satellites. The company is also a premier supplier of high-quality, high-reliability gyroscopes, controlled-momentum devices, and star sensors for commercial, military, and other ...
- L-3 Communications Acquires Space and Navigation Business.
- Press release article from: Business Wire December 22, 1999 700+ words
...wireless loop equipment." "Its Navigation business adds to our product base, extends...and 4 launch vehicles and Attitude Control System Hardware for several commercial communication...development programs include the Mortar Fire Control System (MFCS) for the U.S. Army. These...
- Thales Announces Two Key Additions to Navigation Business Executive Management...
- Press release article from: PR Newswire August 12, 2004 700+ words
...executives to the management team of its navigation business. Claude Boyard joins the company...Henry Gaillard, CEO of Thales' navigation business. "Claude and Nick bring experience...10.6 billion in 2003. Thales' navigation business is one of the world's leaders...
- Raytheon to purchase German marine navigation business. (Anschuetz and Company...
- Newspaper article from: Defense Daily December 13, 1994 700+ words
Raytheon Co. has entered into an agreement to purchase the marine navigation business of Anschuetz & Co. GmbH, from Carl Zeiss, of Germany, the U.S. firm said yesterday. Terms of the deal were not disclosed...
- L-3 Communications Names Paul Wengen Acting President of Space and Navigation...
- Press release article from: Business Wire October 18, 2000 700+ words
...NYSE:LLL) announced today that Paul Wengen has been named as acting president of the company's Space and Navigation business. L-3 Space and Navigation, based in Teterboro, NJ, is a leader in navigation products for major weapons...
- Thales Navigation. (Business News).
- Magazine article from: GEO World November 1, 2002 700+ words
SANTA CLARA, CALIF httpwww.thalesnavigation.com Thales Navigation consolidated all its professional Global Positioning System products, including its well-known Ashtech brand, under the Thales Navigation brand name. The re-branding is designed to unify Thales Navigation's professional product
- Thales Navigation.(Business News)(Brief Article)
- Magazine article from: Security Management August 1, 2003 700+ words
The harbormasters of Cork and Shannon, Ireland, have implemented Thales Navigation tracking systems to improve the safety and efficiency of their operations.
- Thales Navigation.(BUSINESS BRIEFING)(Brief article)
- Magazine article from: Interavia Business & Technology September 22, 2006 700+ words
Thales and an investor group led by Shah Capital Partners have finalised the sale of most of Thales navigation activities. Under the agreement, Shah Capital Partners--a technology private equity firm--acquires Thales Navigation for $170 million and will rename the company Magellan Navigation, Inc.
- Offshore Systems' Naval Navigation Business to Benefit From Proceeds of Private...
- Press release article from: Business Wire February 18, 2003 700+ words
Business Editors VANCOUVER, British ColumbiaBUSINESS WIREFeb. 18, 2003 Offshore Systems International Ltd. (OSI) (OTCBB:OFSYF) (TSX:OSI), an international supplier of specialized navigation technology to naval customers, today announced it has completed a private placement of US$2,000,000
- Medtronic Renames Surgical Navigation Business.
- Press release article from: Business Wire April 6, 2005 700+ words
MINNEAPOLIS -- "Medtronic Navigation" reflects increased offering of technologies Medtronic, Inc. (NYSE:MDT) announced today that Medtronic Surgical Navigation Technologies has changed its name to Medtronic Navigation, Inc. "The name change is driven by the expanding offering of therapies for which
- EADS, Boeing team in satellite navigation.(Business Briefing)(Brief Article)
- Magazine article from: Interavia Business & Technology September 22, 2004 700+ words
EADS Astrium and Boeing intend to cooperate in the field of satellite navigation. In the first stage, the two companies want to jointly develop a computer model capable of simulating the mutual behaviour of US GPS navigation satellites and the future European Galileo system. This model will enable