In Business

In Business

December 29, 2007

Acquisitions

BAE Systems, a Rockville defense and aerospace company, acquired MTC Technologies Inc. of Dayton, Ohio, a provider of technical and professional services and equipment integration to the military and intelligence services, for approximately $450 million in cash and debt.

Contracts

American Hose & Coupling Corp. of Glen Burnie was awarded a five-year contract worth about $1 million by Northrop-Grumman to provide fittings and hose for the U.S. Postal Service biological detection system project.

Expansion

KCI Technologies Inc. of Hunt Valley announced the formation of a new subsidiary, KCI Protection Technologies LLC, which will provide specialized engineering services for security, fire protection, life safety, emergency management and risk analysis. The new company was formed through the acquisition of Risk Management Consultants Inc. of Delaware and is headed by its former president, John C. Fannin III.

Nonprofits news

Kyri L. Jacobs, executive vice president of Bonnie Heneson Communications, has been named to the board of HC DrugFree, a nonprofit aimed at teens in Howard County.

United Cerebral Palsy of Central Maryland's board of directors elected as chairman Henry Miller, managing director for Navigant Consulting's Baltimore office.

Jim Plack, president and chief executive officer of American Bank, was appointed to the advisory board of the Casey Cares Foundation, which provides programs for critically ill children.

Relocation

Engineering firm Hatch Mott MacDonald relocated its Baltimore office to 11019 McCormick Road in Hunt Valley.

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