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Carlyle sold Magnavox for about $370 million to Hughes Aircraft Company in 1995. Carlyle also invested in Vought Aircraft through a partnership with Northrop Grumman. [18] Carlyle's most notable defense industry investment came in October 1997 with its acquisition of United Defense Industries. The $850 million acquisition of United Defense ...
United Defense Industries (UDI) was an American defense contractor which became part of BAE Systems Land & Armaments after being acquired by BAE Systems in 2005. The company produced combat vehicles , artillery , naval guns , missile launchers and precision munitions .
Category for portfolio companies of the private equity investment firm: Carlyle Group [1 ^ Portfolio companies are those companies that are currently or have been previously owned or controlled by the private equity firm or its affiliate funds.
William E. "Bill" Conway Jr. (born August 27, 1949) is an American billionaire businessman, investor and philanthropist. [2] Conway serves as Co-Executive Chairman of the Board, Founder of the Carlyle Group. [3]
Vought was sold from LTV and owned in various degrees by the Carlyle Group and Northrop Grumman in the early 1990s. It was then fully bought by Carlyle, renamed Vought Aircraft Industries, with headquarters in Dallas, Texas. In June 2010, the Carlyle Group sold Vought to the Triumph Group.
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
The Department of Defense announces contracts valued at $7 million or more each business day at 5 pm. [2] All defense contractors maintain CAGE (Commercial and Government Entity) Codes and are profiled in the System for Award Management (SAM). [3]
EG&G, formally known as Edgerton, Germeshausen, and Grier, Inc., was a United States national defense contractor and provider of management and technical services. The company was involved in contracting services to the United States government during World War II and conducted weapons research and development during the Cold war era (from 1948 and onward).