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June 10, 2003 | From Reuters
Defense contractor General Dynamics Corp. agreed to buy Veridian Corp., a maker of chemical, biological and nuclear detection systems, for more than $1.2 billion to strengthen its intelligence and surveillance business. The deal is the latest in a merger wave sweeping the defense and information technology industry, as companies rush to meet Defense Secretary Donald H. Rumsfeld's vision of a wired battlefield. Shares of Arlington, Va.-based Veridian rose $7.13, or 26%, to $34.
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BUSINESS
June 10, 2003 | From Reuters
Defense contractor General Dynamics Corp. agreed to buy Veridian Corp., a maker of chemical, biological and nuclear detection systems, for more than $1.2 billion to strengthen its intelligence and surveillance business. The deal is the latest in a merger wave sweeping the defense and information technology industry, as companies rush to meet Defense Secretary Donald H. Rumsfeld's vision of a wired battlefield. Shares of Arlington, Va.-based Veridian rose $7.13, or 26%, to $34.
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BUSINESS
August 12, 2003
* Johnson & Johnson said the U.S. attorney's office in New Jersey is investigating marketing practices at the company's Centocor unit, which makes the top-selling rheumatoid arthritis drug Remicade. * General Dynamics Corp. said it completed its $1.24-billion acquisition of Veridian Corp. after shareholders approved the plan. * Hicks, Muse Tate & Furst Inc. agreed to sell Pinnacle Foods, maker of Vlasic pickles and Swanson frozen dinners, to J.P. Morgan Chase & Co.'
BUSINESS
September 16, 2003 | James F. Peltz, Times Staff Writer
Lockheed Martin Corp., seeking to beef up its presence in military electronics and government computer systems, said Monday that it had agreed to buy San Diego-based Titan Corp. for $1.8 billion in cash and stock. Titan, with about 11,000 employees, develops and services sophisticated electronics and computer-based information systems used by the Defense Department, the Department of Homeland Security and other government agencies. The company's revenue last year was $1.4 billion.
BUSINESS
March 7, 2002 | From Bloomberg News
The American Stock Exchange, through its investment bankers, has asked the New York Stock Exchange to examine the third-largest U.S. stock market and consider a combination with it, the NYSE said Wednesday. "We did receive a call from the bankers for the Amex asking us to take a look," said Robert Zito, head of marketing and communications for the NYSE. "We will, once we receive the materials."
NATIONAL
September 11, 2002 | RICHARD T. COOPER and RICHARD SIMON, TIMES STAFF WRITERS
Twelve months ago, the United States had done so little to protect itself from terrorists that airlines routinely left cockpit doors agape and Saudi Arabian travel agents issued U.S. visas. Shocked by Sept. 11, the nation reacted with a reflexive outpouring of energy and alarm not seen since the dawn of the Cold War, with its threats of communist subversion and nuclear holocaust. Security initiatives were launched of every shape and kind.
NATIONAL
July 29, 2002 | CHARLES PILLER and ERIC LICHTBLAU, TIMES STAFF WRITERS
Since Sept. 11, the FBI has budgeted tens of millions of dollars to turn its massive collection of computerized case files, memos, tips and phone intercepts from an investigative black hole into a mother lode of predictive intelligence. If the effort succeeds, by Sept.
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