Armor Holdings to buy army truck maker

Article Abstract:

Armor Holdings Inc., a major armor manufacturer is planning to get into the military vehicles business with the acquisition of an Army truck maker, in a deal worth $755 million. Armor Holdings. Inc. has signed an agreement to acquire Stewart & Stevenson Services, Inc., a producer of military tactical wheeled vehicles including the Family of Medium Tactical Vehicles (FMTV), a primary Army transport.

Motor Vehicles and Equipment, Tanks and tank components, Guided Missiles, Space Vehicles, Parts, Defense industry, Stewart and Stevenson Services Inc. (Houston, Texas), Military vehicle industry, Defence industry, Armor Holdings Inc., AH, SVC

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U.K. Tech firm to boost LockMart's Net-centric ability

Article Abstract:

The largest defense contractor on the planet, Lockheed Martin Corp. announced that it would buy a U.K. based technology firm STASYS Ltd. to gain increased capabilities in the area of net-centric warfare. Apart from its strong portfolio of products STASYS Ltd. also brings a customer base that includes the U.S. Navy, the U.S. Air force and many more.

United Kingdom, Computer and Data Processing Services, Aircraft, Computer services industry, Information technology services industry, Aircraft industry, Lockheed Martin Corp.

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