Infotec Development Inc., a Costa Mesa company that provides high-technology engineering and software services, has been awarded a $23.4-million contract by the Air Force for work on a consolidated space operations training center in Colorado.
J. Fernando Niebla, Infotec president and chief executive, said the contract is the largest ever awarded by the Air Force's space division under a Small Business Administration program that directs federal procurement to small firms owned by socially and economically disadvantaged persons.
Wespac Financial Corp. Inc. of Newport Beach, a real estate investment firm, has acquired the Halls Plaza Shopping Center in Knoxville, Tenn., for $4.8 million. The acquisition was made on behalf of Wespac Investors Trust III, a real estate investment trust.
FKM Copier Products, an Irvine copier sales and service operation, has acquired the San Diego branch of Nelowet Business Machines. The new company will be called FKM South. No purchase price was disclosed.