| Spy drone maker is sold
The $1.1 billion deal announced yesterday to sell Hunt Valley-based United Industrial Corp. to a competitor is a measure of how much the U.S. military depends on unmanned spy planes to spare soldiers in two intractable wars.
United Industrial, whose Shadow drone is deployed over battlefields in Iraq and Afghanistan, will be acquired by Textron Inc., a corporation based in Providence, R.I. Textron produces Bell helicopters and Cessna aircraft and also makes golf carts, auto parts and surveillance systems. Under the agreement, United Industrial shareholders get $81 a share in cash.
The deal caps the 57-year history of United, a company that has dabbled in several industries but grew into a favorite in the defense sector when it focused on unmanned flight and became a technological linchpin in the post-Sept.
Stayaway Reebok fans: What's the answer?
Season ticket sales were down to just under 14,000 in the summer but we had just come off the back of four years as the fifth best performing team in the Premier League. Sam Allardyce left the club and a lot of people thought we had reached the top of the mountain." 10:51am Wednesday 14th November 2007 .
Lightscape Technologies Reports Second Quarter FY 2008 Results
HONG KONG, Nov. 13 /PRNewswire-FirstCall/ -- Lightscape Technologies Inc. (OTC Bulletin Board: LTSC - News), a provider of innovative lighting design solutions, advanced lighting products and customized energy management solutions, today reported second quarter 2008 operating results. .
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