SP's MAI November 16-30, 2011 - Corporate Updates
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CORPORATE
ITT completes separation planITT Corporation has completed the previously announced spinoffs of its defence and information solutions business and its Water Technology and Services business.
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CORPORATE
Rockwell Collins Q4 earnings upRockwell Collins has reported fourth quarter fiscal year 2011 net income of $175 million, an increase of $25 million, or 17 per cent, from $150 million in the same period last year.
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CORPORATE
General Dynamics to acquire Force ProtectionGeneral Dynamics and Force Protection have announced that they have entered into a definitive merger agreement under which General Dynamics will acquire Force Protection for a price of $5.52 per share of common stock, or approximately $360 million.
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CORPORATE
Finmeccanica’s 147 million euros contractsFinmeccanica wins new contracts, worth a total of 147 million euros, through its companies Ansaldo STS, Ansaldo Energia, SELEX Integrated Systems and Alenia Aeronautica.