CalAmp Offers to Acquire LoJack for $5.50 per Share in Cash, Representing a 58% Premium, in $113 Million Transaction

CalAmp's Offer Provides LoJack Shareholders With Immediate and Certain Cash Value at a Significant Premium Combination Would Create a Market Leader Well-Positioned to Drive Broad Adoption of Vehicle Telematics Technologies and Applications

OXNARD, CA--( Dec 10, 2015) - CalAmp (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, today announced that it has made an offer to acquire all of the outstanding shares of common stock of LoJack Corporation (NASDAQ: LOJN) ("LoJack"), a provider of vehicle theft recovery systems and advanced fleet management solutions, for $5.50 per share in cash, in a transaction valued at approximately $113 million.

Published: 10 December 2015
Written by Editor
Nasdaq   M & A   Up on News  
Read more: LoJack Corporation (NASDAQ: LOJN)

U.S. Department of Homeland Security Awards Raytheon New Contract to Provide Mission Critical Cybersecurity Solutions

Contract Could be Worth Approximately $1 Billion

DULLES, Va., Sept. 28, 2015 -- The U.S. Department of Homeland Security (DHS) has selected Raytheon Company (RTN) to be the prime contractor and systems integrator for the agency's Network Security Deployment (NSD) Division. NSD is responsible for the National Cybersecurity Protection System (NCPS), a system providing the vital infrastructure that assists more than 100 federal civilian government agencies with the protection of their networks against advanced cyber threats.

Published: 28 September 2015
Written by Editor
NYSE   New Product or Order  
Read more: Raytheon Company ( RTN )

Pacific Safety Products Inc. Reports Fourth Quarter Fiscal 2015 and Year End Fiscal 2015 Financial Results

ARNPRIOR, ONTARIO--(Sep 17, 2015) - Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or the "Company"), a leading North American manufacturer of advanced armour and personal protection solutions, today reported financial results for the three month period and year ended June 30, 2015.

Highlights:
Fourth Quarter

  • Revenues for the fourth quarter were $5.5 million, an increase of $1.6 million or 41.0% as compared to the fourth quarter of the prior year.
  • Gross margin as a percentage of revenues for the fourth quarter was 31.5%, which was an increase over gross margin of 25.1% during the fourth quarter of the prior year.
    Published: 17 September 2015
    Written by Editor
    Financial Results   Up on News   TSXV  
    Read more: Pacific Safety Products Inc ( PSP )

RADA Radar Selected for Evaluation by a Branch of the US Military

RADA's Tactical Multi-Mission Hemispheric Radar Provides Volume Surveillance and Detection of Multiple Threat Types, Including UAVs, Manned Aircraft, Mortars and Rockets

NETANYA, Israel, July 28, 2015  -- RADA Electronic Industries of Netanya, Israel (RADA) announces the purchase of a Multi-Mission Hemispheric Radar (MHR), by a branch of the US military for testing and evaluation of its capabilities. This purchase, which is the first by this branch of the US military, follows previous purchases of MHRs by leading US integrators and end users for similar purposes. The MHR will be delivered before the end of 2015.

Published: 28 July 2015
Written by Editor
Nasdaq   New Product or Order   Up on News  
Read more: RADA Electronic Industries ( RADA )

Alarm.com Holdings, Inc. Announces Pricing of Initial Public Offering

VIENNA, Va., June 25, 2015 -- Alarm.com Holdings, Inc., the leading platform solution for the connected home, announced today the pricing of its initial public offering of 7,000,000 shares of common stock at a price to the public of $14.00 per share. All of the shares are being offered by Alarm.com. The shares are expected to begin trading on the Nasdaq Global Select Market on June 26, 2015 under the symbol "ALRM."

In addition, the underwriters have been granted a 30-day option to purchase up to an additional 525,000 shares from Alarm.com and up to 525,000 shares of common stock from selling stockholders at the initial public offering price to cover over-allotments, if any. Alarm.com will not receive any proceeds from the sale of shares by the selling stockholders.

Published: 26 June 2015
Written by Editor
Nasdaq   Up on News   New Listing  
Read more: Alarm.com Holdings Inc ( ALRM )
  1. RADA Electronic Industries Ltd ( RADA )
  2. RADA Electronic Industries Ltd ( RADA )
  3. Arotech Corporation (ARTX)
  4. Digital Ally Inc ( DGLY )
  5. Smith & Wesson Holding Corp ( SWHC )

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