Jesup & Lamont Announces Hiring of Analysts Richard Nelson, Brian ... From FOXBusiness Prior, Mr. Nelson was an analyst and Director of Equity Research at firms such as Kidder, Peabody & Company, Lehman Brothers and buy-side firm Furman Selz. "The addition of the analysts, Postol, Siri and Nelson, is indicative of the continued thrust by Jesup & Lamont to aggressively expand our capital markets operation," said Ed Cabrera, Head of Capital Markets, Jesup & Lamont, "Together, the four industry veterans provide invaluable depth and perspective for our clients." About Jesup &...

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Posted Under: Aerospace-Defense

Proficiency pulls in $4.25M in Israeli VC funds Mass High Tech ... From Bizjournals.com Proficiency, which develops software applications for manufacturers and suppliers to extract and share product knowledge, raised the funding from Catalyst Investment, Carmel Ventures and Pitango Venture Capital, all Israel-based private equity firms. The company has stated it would not discuss recent fundings, but in February 2007, the company raised $5 million in funding from Carmel Ventures and Pitango Venture Capital.

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Posted Under: Aerospace-Defense

Arlington Buys Virgo From Private Equity Hub Phoenix, Arizona, Virgo is a leading integrated business to business information services company delivering trade shows and conferences, print and electronic media, education and training, and value-added business services. The team at Virgo has built an extraordinary track record over the last 20 years, and we look forward to our partnership during the next phase of the company's growth," said Perry Steiner of Arlington Capital. "We were attracted to Virgo because of its leading positions...

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Posted Under: Aerospace-Defense

Papillon Buys 7 EC130B4s, Rainier Heli-Lift Buys 5 B2s and 5 EC145s From Helicopter Association International Houston, TX - Heli-Expo 2008 - The Halvorson family's Papillon Airways Inc., the world's largest helicopter tour operator, is purchasing 7 Eurocopter EC130B4s, with an option for 8 more. In 2007, Eurocopter confirmed its position as the world's No. 1 helicopter manufacturer in the civil and parapublic market, with a turnover exceeding 4 billion Euros, orders for 802 new helicopters, and a 53 percent market share in the civil and parapublic sectors. American Eurocopter is the American...

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Posted Under: Aerospace-Defense

Play Defense With iShares US Aerospace & Defense ETF From Seeking Alpha Dow Jones U.S Aerospace and Defense Index Fund ( ITA ) is as good an index as you will find. I like - really like - the top holdings of ITA. They are United Technologies ( UTX ), Boeing ( BA ), Lockheed Martin ( LMT ), Raytheon ( RTN ), General Dynamics ( GD ), Northrup Grumman ( NOC ), Precision Castparts ( PCP ), L-3 Communications ( LLL ). Aero Defense and Defense companies of the iShares Dow Jones U.S. Aerospace and Defense Index Fund will be prepared to assist our military perform in a...

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Posted Under: Aerospace-Defense