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BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | September 14, 2010
An Anne Arundel County cybersecurity firm has agreed to sell itself to a Virginia defense contractor for $26.8 million, the companies announced late Monday. Zytel Corp., which is based in the Fort Meade area and expects to produce revenues of about $20 million this year, specializes in cybersecurity for federal agencies working on intelligence, counterterrorism and cyber warfare. All its work is classified. Global Defense Technology & Systems Inc., the McLean firm that has agreed to acquire it, provides technology-driven services to federal agencies ranging from the Department of Defense to law enforcement.
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NEWS
By Will Fesperman, The Baltimore Sun | July 13, 2014
Northrop Grumman Corp. will break ground Monday on a new space engineering facility in Linthicum, according to a release from the defense contractor. The $20 million, 25,000-square-foot facility is expected to be completed next summer. Eighty employees will work at the facility on space systems assembly, integration and testing, the release said. Sen. Ben Cardin and Reps. C.A. Dutch Ruppersberger and John Sarbanes are scheduled to attend the groundbreaking ceremony at Northrop Grumman Electronic Systems' BWI Marshall Airport campus in Linthicum.
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BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 3, 2013
A British defense contractor said Monday that it has decided not to close its Baltimore facility after all, though it expects to lay off about 35 employees there. Cobham PLC, which said in January that it would shut that location and move those operations to Lansdale, Pa., now plans to keep its radomes business - and about 62 workers - in Baltimore. Radomes are domes that protect radar. "Cobham has made this decision after further considering the costs, risks, and how to best meet the needs of our customers," Cobham spokesman Greg Alan Caires said in an email.
NEWS
April 7, 2014
Regarding your editorial about a bill that would block development of wind energy projects in Somerset County, this legislation is so unnecessary ( "The legislature's to-do list," April 3). The Navy is quite capable of making it's own decision. This is money from defense contractors talking. Why should Southern Maryland have the right to tell people on the Eastern Shore what to do with our land? Mary Ann Peterman, Marion - To respond to this letter, send an email to talkback@baltimoresun.com . Please include your name and contact information.
NEWS
November 29, 1992
Maryland-based Martin Marietta moves to the top of its industry with its $3.01 billion purchase of General Electric's Aerospace Division. It's the mega-deal of a post-Cold War era in which declining Pentagon budgets will force consolidations, downsizing or close-outs on every defense contractor. For M-M workers at Bethesda headquarters, the main research and development laboratory at Relay and the Aero & Naval Systems facility at Middle River, this joining of two of the strongest players in the field is a bright spot in a cloudy landscape.
NEWS
By Erik Nelson and Erik Nelson,Staff writer | October 27, 1991
A Virginia electronics firm has agreed to buy troubled defense contractor Daedalean Inc. and will likely hire the company's remaining 151employees.Eastern Computer Inc., based in Virginia Beach, has agreed to pay $4.3 million for four of five facilities run by Daedalean, which develops and manufactures training simulators for military equipment and tanks.Daedalean, based in Columbia, has operated under bankruptcy courtsupervision since May.The company's problems escalated followingadmissions of tax evasion by company owners in December.
BUSINESS
By Ted Shelsby and Ted Shelsby,Staff Writer | December 21, 1992
It's Jay R. Sculley's time to fight off the wolves.Three years ago, when Allied Research Corp.'s board appointed as chief executive Reinald W. Carter, an accountant with experience punching cows on a ranch in Australia, they laughed and said: "Throw him to the wolves and hold him responsible."It was not a fair fight. Since early 1990, Mr. Carter has completely transformed the Baltimore-based defense contractor, taking it from annual losses and sales of about $45 million to a thriving business with sales in excess of $200 million and record earnings, which are expected to top $14 million this year.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | April 20, 2010
Defense contractor Lockheed Martin Corp. said Tuesday that it is laying off 37 employees at its Middle River site, part of nationwide cuts in its mission systems and sensors division. The company notified 472 U.S. employees Tuesday their jobs are being cut. Most affected employees will stay on for two weeks before leaving with severance packages, the company said. The Middle River site, which specializes in a missile launch system used on Navy ships, will employ 531 people after the cuts.
NEWS
By Scott Higham and Scott Higham,SUN STAFF | January 4, 1997
A Towson-based defense contractor was fined $300,000 yesterday in federal court in Baltimore and placed on five years of probation for defrauding the government and trying to obstruct an audit of its funds.U.S. district Judge Catherine C. Blake also ordered the company, Environmental Technologies Group Inc., to obey an agreement with the U.S. Army to institute a company-wide integrity program to prevent ethical problems.The sentence spares the company, which employs 110 people, from financial ruin.
BUSINESS
By Ted Shelsby and Ted Shelsby,Staff Writer | May 10, 1993
These are tough times for AAI Corp., the Cockeysville defense contractor that state officials once touted as "a super company of the future" because of its rapid growth.AAI prospered during the Reagan administration's defense buildup, feeding on Pentagon orders for products such as a flight simulator to train F-15 pilots and turrets for the Sergeant York anti-aircraft gun. From 1979 to 1987, its work force grew from 1,500 to 3,500.But since then, AAI has eliminated nearly 2,000 jobs at its York Road complex.
NEWS
December 20, 2013
Ronald LeRoy Rognlien, 61, a retired defense contractor and world traveler with family ties to Westminster, died unexpectedly from a heart attack at his home in Warrenton, Va., on Thursday, Dec. 19, 2013. Born in 1952 in Baraboo, Wis.; he was the son of the late Stanley LeRoy Rognlien and the late Arlene Doris Jacobson Rognlien. His father served on submarines in the U.S. Navy during World War II in the Pacific, then worked throughout his career with Alcoa, the Aluminum Company of America.
FEATURES
By Samantha Iacia, For The Baltimore Sun | December 14, 2013
Date: Sept. 28 Her story: Diz Keller, 33, grew up in Severna Park. She works for a defense contractor. Her parents, Ellen McGee and David Keller, live in Severna Park. His story: Andrew Harrison, 33, grew up in Rochester, N.Y. He moved to Maryland in 2003 and also works for a defense contractor. His parents, Rick and Vicki Harrison, live in Rochester. Their story: Andrew and Diz were introduced through Diz's friends, who are twin sisters. At the time, one of the sisters was Diz's roommate and the other was Andrew's co-worker.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 3, 2013
A British defense contractor said Monday that it has decided not to close its Baltimore facility after all, though it expects to lay off about 35 employees there. Cobham PLC, which said in January that it would shut that location and move those operations to Lansdale, Pa., now plans to keep its radomes business - and about 62 workers - in Baltimore. Radomes are domes that protect radar. "Cobham has made this decision after further considering the costs, risks, and how to best meet the needs of our customers," Cobham spokesman Greg Alan Caires said in an email.
NEWS
By Lawrence S. Wittner | March 13, 2013
At this time of severe cutbacks in government funding for food stamps, early childhood education and Meals on Wheels, some Maryland legislators are hard at work looking out for the welfare of one of the world's wealthiest corporations. Under a bill advancing in the General Assembly, the Lockheed Martin Corp. would have the taxes on its luxurious Bethesda hotel and conference center reduced by approximately $450,000 a year. An earlier version of the legislation also included a $1.4 million refund for the period since 2010.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | January 29, 2013
A British defense contractor said Tuesday that it will close its locations in Baltimore and Hunt Valley this year and lay off nearly 140 employees in reaction to a tightening market for military purchases. Cobham plc said it would discontinue the products it manufactures in Hunt Valley - equipment such as microwave receivers - and move its Baltimore operations to a bigger facility in Lansdale, Penn. All three locations are part of the company's defense electronics arm. "It is with genuine disappointment that Cobham must take these actions due to the contraction of the US defense market for our products," the company said in its statement.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | December 29, 2012
Aberdeen Proving Ground has a lot more money to spend on contracts than it once did but not as much as in the very recent past. Such is the push-pull effect of new funding from the military's national base realignment and closure effort, coupled with tighter federal budgets and less wartime spending. The Army post in Harford County obligated $15.5 billion in the fiscal year that ended in September. That's up $12 billion from 2005, the year the BRAC changes were announced, but down nearly $2 billion from 2011.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | September 25, 2012
KEYW Holding Corp., a Hanover-based defense contractor, on Tuesday said it intends to sell 7.4 million shares at a public offering of $11.75 per share in an effort to raise money to pay down debt and to fund a recent corporate acquisition. The company raised its offering from last week, when it said it intended to sell 6.5 million shares. The publicly traded company, which counts the National Security Agency and other Department of Defense agencies as customers, said this month it intended to acquire Poole & Associates Inc., of Annapolis Junction, for $126 million in cash and stock.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | January 29, 2013
A British defense contractor said Tuesday that it will close its locations in Baltimore and Hunt Valley this year and lay off nearly 140 employees in reaction to a tightening market for military purchases. Cobham plc said it would discontinue the products it manufactures in Hunt Valley - equipment such as microwave receivers - and move its Baltimore operations to a bigger facility in Lansdale, Penn. All three locations are part of the company's defense electronics arm. "It is with genuine disappointment that Cobham must take these actions due to the contraction of the US defense market for our products," the company said in its statement.
NEWS
By Joe Davidson, The Washington Post | December 8, 2012
A Defense Department funding bill has made bedfellows of two groups more likely to be found in opposite corners: federal labor and federal contractors. The American Federation of Government Employees (AFGE) and the Professional Services Council (PSC) object to Section 341 of the National Defense Authorization Act for fiscal 2013. The Senate approved it last week. They are not alone in opposing the measure, which would require the Pentagon to cut more than $5 billion in planned spending for its civilian and contractor workforces through fiscal 2017.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | September 25, 2012
KEYW Holding Corp., a Hanover-based defense contractor, on Tuesday said it intends to sell 7.4 million shares at a public offering of $11.75 per share in an effort to raise money to pay down debt and to fund a recent corporate acquisition. The company raised its offering from last week, when it said it intended to sell 6.5 million shares. The publicly traded company, which counts the National Security Agency and other Department of Defense agencies as customers, said this month it intended to acquire Poole & Associates Inc., of Annapolis Junction, for $126 million in cash and stock.
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