Month: May 2006

Norway's Eltek, Nera To Merge

The boards of Eltek ASA and Nera ASA have agreed to merge, creating a Norwegian telecom giant, the companies announced. The combined company will have leading positions in transmission, telecom...

ATK's Webb Telescope Work Expanded

ATK received contracts from Northrop Grumman to provide additional components and subsystems for NASA‘s James Webb Space Telescope, ATK announced May 30. ATK will provide graphite fiber structures to support...

Horncastle Joins Caprock Communications

Caprock Communications named Britt Carina Horncastle vice president of corporate development May 30. Horncastle will be in charge of managing Caprock’s long-term growth strategy, which includes its presence in emerging...

Space Adventures To Acquire Space Launch

Space tourism company Space Adventures Ltd. will acquire California-based Space Launch Corp., giving Space Adventures a technology development capability and access to space system intellectual property, the company announced May...

L-3 To Take Over Crestview Aerospace

L-3 Communications [LLL] agreed to acquire Crestview Aerospace Corp. [CAC] for $135 million in cash. The acquired business is expected to have annual sales of approximately $120 million in 2006,...