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Lockheed Martin buys Titan for USD 2,4bn

San Diego, Usa - A giant in the defense field was born

Lockheed Martin has confirmed the acquisition of Titan Corp for USD 1,8bn as well as the assumption of the debt of the San Diego-based company that amounts to USD 580m, carrying the total of the operation at approximately USD 2,4bn. It continues, therefore, the Lockheed Martin's activity in taking over medium-large companies in the defense field; indeed Titan, with more than 11.000 dependents, operates...

AVIONEWS - World Aeronautical Press Agency - 52766
Rome, Italy, 09/17/2003 17:24
AVIONEWS - World Aeronautical Press Agency

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