House committee: $1B more for ATC
The House Committee on Transportation and Infrastructure last week approved the Aviation Investment and Reform Act for the 21st Century, a bill that would increase funding for air traffic control facilities and equipment programs by $1 billion a year to a new total of $3 billion a year. AIR-21 also would require cargo airlines to install collision-avoidance devices by Dec. 31, 2002. The Airport and Aviation Trust Fund, which includes passenger ticket tax money, would help fund the investments.
Dell to sell HP printers off GSA sked
Dell Computer Corp. last week announced it will offer Hewlett-Packard Co. printers and scanners on the Dell General Services Administration schedule. Dell will offer HP's DeskJet, OfficeJet, LaserJet and Color LaserJet printers, ScanJet scanners and all their accessories and supplies, including HP toner cartridges.
Matcom to buy Mei Technology
Matcom International Corp. has announced the purchase of Mei Technology Corp., Lexington, Mass., a privately held federal contracting firm. Matcom will merge Mei into its wholly owned subsidiary, Materials, Communication & Computers Inc.
The acquisition gives Matcom, based in Alexandria, Va., new expertise in the technology-enabled distance-learning market and strengthens its advanced systems engineering capabilities.
Matcom's customers include the Federal Aviation Administration, Agriculture Department, Army, Navy, Air Force, Defense Logistics Agency and joint military commands. Mei supports the Army, Navy, Air Force, Customs Service and Transportation Department.
Together, the companies employ more than 700 technologists. The purchase price was not disclosed.
Northrop Grumman to buy recon firm
Northrop Grumman Corp. has signed an agreement to buy the information systems division of California Microwave Inc., which specializes in airborne reconnaissance and surveillance systems, ground-based satellite communications systems and mission planning.
California Microwave, whose customers include the Army, Navy, Air Force and intelligence agencies, will operate as part of Northrop Grumman's Electronic Sensors and Systems Sector in Baltimore, a Northrop Grumman spokesman said.
Northrop Grumman will pay $93 million in cash for the division when the deal closes and an additional $5 million in 2000 if certain revenue goals are met. The division expects sales this year to total $95 million, or about 40 percent of California Microwave's revenue.
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