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Yemeni forces raid al-Qaida hideout, clashes erupt- Yemeni forces raided an al-Qaida hideout and set off a gunbattle Wednesday as the government vowed to eliminate the group that claimed it was behind the Christmas bombing attempt on a U.S. airliner.
8 Americans die in suicide blast in Afghanistan- A suicide bomber detonated his explosive vest at a military base in eastern Afghanistan on Wednesday, killing eight American civilians, U.S. officials said. The explosion occurred at Forward Operating Base Chapman in Khost province near the Afghan border with Pakistan.
APNewsBreak: 13 AGs threaten suit over health care- Attorneys general in 13 states say congressional leaders must remove Nebraska's political deal from the federal health care reform bill or face legal action.
Somali arrested at airport with chemicals, syringe- U.S. officials are investigating a Somali man's alleged attempt to board a flight last month carrying chemicals, liquid and a syringe in a case bearing chilling echoes of the plot to blow up a Detroit-bound airliner on Christmas Day.
AP-GfK Poll: 2009 was bad for America, Americans- For all their differences, Americans largely agree on two things: 2009 was a lousy year for the nation, and 2010 is likely to be better. Nearly three-fourths of Americans think 2009 was a bad year for the country, which was rocked by job losses, home foreclosures and economic sickness. Forty-two percent rated it "very bad," according to the latest AP-GfK poll.
Briton held for over 2 years in Iraq freed- A British contractor was freed Wednesday and in good health more than two years after he was abducted, apparently the only survivor of a group of five Britons abducted in a daring raid outside Iraq's Finance Ministry in 2007.
- A man savagely killed a dog, ran naked through a tennis club and poured hot coffee on his head before he was finally arrested early Wednesday, Orange County sheriff's deputies said.
Russia may send spacecraft to knock away asteroid- Russia's space agency chief said Wednesday a spacecraft may be dispatched to knock a large asteroid off course and reduce the chances of earth impact, even though U.S. scientists say such a scenario is unlikely.
Lawyers: Sheens want to reconcile despite arrest- Actor Charlie Sheen and his wife Brooke want to reconcile, their lawyers said Wednesday, even though she told police he put a knife to her throat and threatened to kill her less than a week ago.
Fla. man wanting ride to bar calls 911, arrested- Authorities say a Florida man who called 911 claiming he'd been beaten and shot at was hoping the tale would get him a ride to a bar. Instead, 37-year-old Gregory J. Oras is facing charges of misusing the 911 system and battery of a law enforcement officer.
General Dynamics to Acquire AxleTech International
FALLS CHURCH, Va.
(Map)
-
AxleTech International employs approximately 1,000 workers worldwide. It
is based in
The proposed acquisition, which has been approved by both companies, would
be immediately accretive to General Dynamics' earnings. The transaction is
subject to normal regulatory approvals and is expected to close by the end of
2008. AxleTech International will become part of
In announcing the acquisition,
AxleTech International is a leading supplier of heavy-duty off-road and
high-mobility planetary hub-reduction axles, independent suspensions, electric
motorized planetary wheel ends, brakes and transfer cases to original
equipment manufacturers (OEMs) on every continent. The company provides
service and support to customers around the world through an extensive network
of reliable partners in
General Dynamics Armament and Technical Products, a business unit of General Dynamics, is a proven systems integrator of defense products for all branches of the U.S. Department of Defense and the Ministries of Defense of over 30 allied nations. General Dynamics Armament and Technical Products designs, develops and produces high-performance armament systems, a full range of high-performance composite products for the aerospace industry, biological and chemical detection systems, advanced sensor and vision-enhancement systems, and mobile shelter systems.
General Dynamics, headquartered in
The Carlyle Group is a global private equity firm with
Certain statements made in this press release, including any statements as to future results of operations and financial projections, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in the company's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.
All forward-looking statements speak only as of the date they were made. The company does not undertake any obligation to update or publicly release any revisions to any forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
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