Chester County News and Community Website
READING, PA — EnerSys (NYSE: ENS) is refocusing its planned U.S. lithium-ion battery plant on defense and aerospace applications, narrowing the facility’s mission to supply domestically produced cells for customers …
EnerSys Narrows U.S. Battery Plant to Defense Market Read More
CARLISLE, PA — Nearly $10 billion in new public and private investment and more than 4,000 projected Pennsylvania jobs were announced this week during the inaugural Pennsylvania Defense and Innovation …
Defense Summit Spurs $10B in Pennsylvania Investment Read More
PHILADELPHIA, PA — Cendry Capital has launched as a private investment firm focused on acquiring and operating aerospace and defense manufacturers, entering the market with two platform companies and a …
Cendry Capital Launches Aerospace Platform Through Acquisitions Read More
BERWYN, PA — AMETEK (NYSE: AME) recently completed its acquisition of First Aviation Services, adding approximately $80 million in annual revenue and expanding the industrial manufacturer’s footprint in the aerospace …
AMETEK Acquires First Aviation to Expand Defense MRO Business Read More
WASHINGTON, D.C. — The Department of War is investing $27.3 million in Defense Production Act Title III funding to expand domestic production of critical solid rocket motor components, part of …
War Department Invests $27 Million to Ease Rocket Bottlenecks Read More PHILADELPHIA, PA — VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) recently secured a contract and initial purchase order valued at up to $2.5 million to deploy an …
VSBLTY Wins $2.5 Million Defense Contract for AI Platform Read More
LANCASTER, PA — Advanced Cooling Technologies, Inc. (ACT) has acquired Canyon Composites Inc., a California-based manufacturer of composite and metallic structures, in a move that broadens ACT’s capabilities in the …
Advanced Cooling Technologies Acquires Canyon Composites to Expand Aerospace and Defense Capabilities Read More
PHILADELPHIA, PA — Carpenter Technology Corporation (NYSE: CRS) announced this week that its Global Industry Classification Standard (GICS) designation has been reclassified to 20101010 – Aerospace & Defense, effective September …
Carpenter Technology Reclassified as Aerospace & Defense Company Under GICS Read More