Business Wire

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corporation (“Kaman" or the “Company”) today announced the completion of its acquisition by Arcline Investment Management, L.P. ("Arcline”) in an all-cash transaction with a total enterprise value of approximately $1.8 billion.

The transaction was previously announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024. With the completion of the transaction, Kaman shareholders will... (continue reading...)

MELBOURNE, Fla.--(BUSINESS WIRE)-- The Board of Directors of L3Harris Technologies (NYSE: LHX) declared a quarterly cash dividend of $1.16 per common share, payable June 18, 2024, to shareholders of record as of the close of business on June 4, 2024.

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our ~50,000 employees deliver end-to-end technology... (continue reading...)

WAYNE, Pa.--(BUSINESS WIRE)-- Inverness Graham (“IGI”), a Philadelphia based buyout firm that acquires innovative companies where technology is transforming traditional industry, is pleased to announce the recent additions of Tonya Zweier as Financial Operating Partner and Jeffrey (Jeff) Silverman as Growth Operating Partner within its Value Creation Group (“VCG”). Tonya and Jeff bring extensive experience working with lower middle market businesses.... (continue reading...)

San Diego area family will be first recipient

SAN ANTONIO--(BUSINESS WIRE)-- USAA, a leading provider of financial services to military members and their families, proudly announces the donation of four National Auto Body Council (NABC) Recycled Rides® as part of its ongoing commitment to supporting veterans and their communities.

USAA recognizes the importance of reliable transportation in the lives of veterans and their families. Through the NABC Recycled... (continue reading...)

IRVING, Texas--(BUSINESS WIRE)-- A Fluor Corporation (NYSE: FLR) project reached a major milestone recently with the production startup of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada. Fluor provided engineering and procurement (EP) services to convert the idled petroleum refinery into a modern facility that produces renewable diesel fuel from soybean oil and other low carbon intensity feedstocks.

This press release... (continue reading...)