Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Titan purchased by Lockheed Martin Corporation

San Diego, USA - The contract is worth USD 1,8b

On September, 15 Lockheed and Titan announced that the former is to purchase Titan for USD 1,8b in cash and stock. Lockheed will also take over a part of Titan's debt, namely USD 580m. On the same day, when the Titan stock closed, one share costed USD 16,96. Lockheed announced it would buy Titan stock at USD 22 per share. The stock price closed at USD 21,19 the next day and on September, 17 at USD...

AVIONEWS - World Aeronautical Press Agency - 53529
Rome, Italy, 10/13/2003 13:55
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesSpirit Airlines appoints Davis as President and CEO

And new team members

Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC, announced yesterday that its Board of Directors has appointed Dave Davis as President and Chief Executive Officer and a member of... more

AirlinesBelgium, Easter chaos at Charleroi airport: Ryanair calls for military intervention

Low-cost airline appeals to Wallonia Government to "avoid collapse"

Thousands of passengers stranded and flight connections at risk in the midst of the holidays due to "serious shortage of security personnel" more

AirlinesAzorra delivers Mongolia’s E-195E2 aircraft to Hunnu Air

The first of two new airplanes

Azorra has delivered the first of two new E-195E2 aircraft to Hunnu Air, marking a new partnership for the lessor and the first E2 to operate in Mongolia.The E-195E2 delivered from Azorra’s firm orderbook w... more