AT&T Awarded DISA Contract

AT&T Awarded DISA Contract

AT&T has been awarded a 10-year contract from the Defense Information Systems Agency (DISA) to replace DISA’s Hawaiian network supporting Pacific Theater military operations. The company will manage the network for DISA over the life of the contract. Financial terms of the contract weren’t disclosed. Separately, the company has launched its 5G Evolution in parts of Indianapolis on Wednesday, providing faster wireless speeds and an enhanced experience for customers. The […]

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Eli Lilly, Purdue University Announce Five-Year Strategic Research Collaboration

Eli Lilly, Purdue University Announce Five-Year Strategic Research Collaboration

Eli Lilly and Company said Thursday that it and Purdue University today have signed a five-year strategic collaboration to conduct life science research. Eli Lilly will provide up to $52 million for research focus areas that include developing improved delivery of injectable medicines with the goals of reducing pain, decreasing the number of injections, and enabling better patient compliance and overall health. The research will also focus on developing predictive […]

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Santander Holdings Approves Capital Distribution

Santander Holdings Approves Capital Distribution

The board of directors for Santander Holdings, a unit of Banco Santander has approved a series of capital distributions for Q3 as part of the company’s planned capital actions that was submitted to the governors of the Federal Reserve for their comprehensive capital analysis and review. The company’s common equity tier 1 (CET1) ratio was 14.5% at December 31, 2016. Under Santander’s severely adverse scenario, the company’s CET1 1 ratio […]

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European Equity Benchmarks Close Down

European Equity Benchmarks Close Down

The broad-based major European indices closed lower in Friday’s trading session, as health care stocks, utilities, and automotive firms weighed down the markets. In economic news, a rise in business activity in June helped spur the strongest quarter of economic expansion for over six years, according to flash PMI survey data from IHS Markit. Although the rate of growth fell to a five-month low, high order book inflows and elevated […]

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John Bean Technologies Acquires UK-Based Aircraft Maintenance Support Services

John Bean Technologies Acquires UK-Based Aircraft Maintenance Support Services

John Bean Technologies said Friday it has agreed to acquire Aircraft Maintenance Support Services, a privately held manufacturer of military aviation equipment based in the UK, for GBP10 million ($12.7 million). The deal is expected to close during the third quarter of 2017. “AMSS provides our AeroTech segment a focused strategic investment that will enhance our military offerings and provide us with expanded access to foreign militaries with our existing […]

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