Menu
/REGISTER
Montecito
Nixon Peabody
Pac Premier
Loading...
You are here:  Home  >  'Channel Technologies Group'
Latest

Channel Technologies buys Massacusetts defesnse firm

By   /  Thursday, October 9th, 2014  /  Latest news, South Coast, Technology  /  Comments Off on Channel Technologies buys Massacusetts defesnse firm

Santa Barbara-based military contractor Channel Technologies Group announced today that it has acquired Materials Systems Inc., a producer of sonar technology. The value of the deal was not disclosed. The Massachusetts-based firm will become a wholly owned subsidiary of Channel Technologies, which is owned by private equity group Blue Wolf Capital Partners. Both companies use Read More →

Read More →
Latest

Region’s defense firms brace for $113M in cuts

By   /  Friday, August 31st, 2012  /  Technology, Top Stories, Tri-County Economy  /  Comments Off on Region’s defense firms brace for $113M in cuts

If a $55 billion cut to the U.S. defense budget takes effect on Jan. 2 as planned, small and mid-sized military contractors in the Tri-Counties stand to be hit the hardest by a $113 million reduction in the $1.2 billion that currently goes to defense spending in the region. The military cuts are part of Read More →

Read More →