WASHINGTON, March 26 /PRNewswire/ -- Arlington Capital Partners
(http://www.arlingtoncap.com/), a Washington DC-based private equity firm,
announced the acquisition of Woven Electronics Corporation
(http://www.wovenelectronics.com/) ("Woven Electronics"), in partnership with
management, by its aerospace/defense portfolio company Thermal Solutions,
Inc. (http://www.thermal-solutions-inc.com/) ("Thermal Solutions"). Based in
Simpsonville, South Carolina, Woven Electronics designs and manufactures
custom-engineered electronic interconnect solutions for customers in the
defense, aerospace, homeland security and commercial sectors, and its
products facilitate the transfer of power and information between components
and systems. Woven's products are primarily found in defense applications
including precision guided munitions, military aircraft, helicopters,
shipboard mi... (more)
PLYMOUTH MEETING, Pa., Aug. 25 /PRNewswire-FirstCall/ -- Lithium Technology
Corporation ("LTC", "The Company") (BULLETIN BOARD: LTHU) , a leading
participant in the rapidly emerging large format rechargeable lithium battery
market, announced today that its German subsidiary, GAIA Akkumulatorenwerke
GmbH ("GAIA"), has entered into a contract with ThyssenKrupp Marine Systems
AG ("TKMS") to develop very large lithium ion batteries for use in
non-nuclear manned submarines.
The contract will proceed in two phases. In Phase I, GAIA will develop a very
large lithium ion cell based on i... (more)
READING, Pennsylvania, January 5 /PRNewswire/ -- EnerSys (NYSE: ENS), the
world's largest manufacturer, marketer and distributor of industrial
batteries, has recently been awarded contracts in Europe to supply batteries
valued at over US$20 million. The awards include submarine propulsion
batteries for South American navies and the company's high-performance
Armasafe Plus(TM) battery, which will be used in fighting vehicles with the
armed services of Germany, the Netherlands and the United Kingdom.
"These latest contracts confirm our strong position in the defense sector,"
said ... (more)
READING, Pa., Feb. 4 /PRNewswire-FirstCall/ -- EnerSys , the world's largest
manufacturer, marketer, and distributor of industrial batteries, recently
announced that its EnerSys Energy Products Inc. subsidiary has received an
initial contract award from the US Navy to produce valve regulated lead acid
(VRLA) batteries using its proprietary thin plate pure lead (TPPL)
technology. This award represents 100% of the US Navy's requirement under
their 2007 solicitation for VRLA submarine batteries in continuation of their
effort to retrofit the entire nuclear submarine fleet with VRLA ... (more)
The U.S. Navy has awarded General Dynamics Electric Boat a $10.25 million
contract modification to continue operating the New England Maintenance
Manpower Initiative (NEMMI) at the Naval Submarine Base in Groton. Electric
Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
Initially awarded in October 2006 , the five-year contract has a potential
value of $201.8 million if all options are exercised and funded.
Under the terms of the contract, Electric Boat will provide a wide-range of
overhaul, repair and modernization services in support of nuclear submarines,
floati... (more)
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