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Systems Integration Co

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BUSINESS
August 20, 1991 | From Times Staff and Wire Reports
McDonnell Douglas Corp. said Monday that it has agreed to sell Systems Integration Co. to Electronic Data Systems Corp. for an undisclosed price. The St. Louis-based unit of McDonnell Douglas had 1990 worldwide revenues of $398 million along with domestic revenues of $271 million. The unit employs about 2,000 workers, most of them in St. Louis, and operates facilities in Cypress and Cambridge, England.
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BUSINESS
August 20, 1991 | From Times Staff and Wire Reports
McDonnell Douglas Corp. said Monday that it has agreed to sell Systems Integration Co. to Electronic Data Systems Corp. for an undisclosed price. The St. Louis-based unit of McDonnell Douglas had 1990 worldwide revenues of $398 million along with domestic revenues of $271 million. The unit employs about 2,000 workers, most of them in St. Louis, and operates facilities in Cypress and Cambridge, England.
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BUSINESS
July 8, 1992 | From Times Staff and Wire Reports
McDonnell Douglas Sells TeleCheck: The corporation further trimmed its non-aerospace business with the sale to First Financial Management Corp. of Atlanta. TeleCheck Service Inc., which provides check acceptance and guarantee services to retail merchants, is based in Denver and employs about 700 people. McDonnell Douglas is the nation's largest defense contractor and the world's third-largest aircraft maker. It announced last November, when it sold McDonnell Douglas Systems Integration Co.
BUSINESS
August 20, 1991 | From Times Staff and Wire Reports
EDS to Buy McDonnell Computer Units: Electronic Data Systems Inc. said it will acquire the computer system design business of aerospace giant McDonnell Douglas Corp. for an undisclosed sum. The transaction involves McDonnell Douglas Systems Integration Co. and McDonnell Douglas Information Systems International. McDonnell Douglas Systems Integration, which employs 2,000, had 1990 revenue of $398 million. Chairman John McDonnell said the sale to Dallas-based EDS will allow St.
BUSINESS
July 28, 1990
McDonnell Douglas Space Systems' top executive has been promoted to oversee its parent company's non-aerospace operations. Jim Dorrenbacher, formerly president of the Space Systems unit, was named senior vice president-group executive over non-aerospace operations. He will replace James T. McMillan, who will retire on Aug. 31. Kenneth A. Francis, formerly executive vice president of Space Systems, will be the new president of the Huntington Beach-based company, effective Sept. 1.
BUSINESS
January 29, 1992 | RALPH VARTABEDIAN, TIMES STAFF WRITER
McDonnell Douglas on Tuesday reported a significant increase in fourth-quarter earnings and a record profit in all of 1991, reflecting a sharp improvement in its commercial aircraft programs at Douglas Aircraft in Long Beach. Aerospace analysts said the 1991 results demonstrated that McDonnell has rectified a number of short-term problems, lowered costs and improved productivity. But they expressed concern about erosion in the company's backlog of orders.
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