DMC Global Inc. elected John R. “Jay” Doubman as an independent director on its board. Doubman brings more than 30 years of global leadership experience in the industrial and building products sectors. Currently, Doubman serves as CEO and board member at ICP Group, a manufacturer of specialty coatings and adhesives for the construction industry. He…more
DMC Global Inc. appointed James O’Leary as its permanent president and CEO, after serving in an interim capacity since Nov. 29, 2024. O’Leary will also continue in his role as executive chairman. “I’m excited to continue working with the many loyal, hardworking DMC associates around the world on behalf of our stakeholders,” O’Leary said. He…more
Ball Corp. agreed to repurchase approximately $250 million of its outstanding common stock through an accelerated stock repurchase transaction with Crédit Agricole CIB. This transaction will utilize cash on hand and available borrowings. The share repurchase is expected to begin immediately and will contribute to a significant reduction of Ball’s outstanding common stock. Final share…more
Honeywell has completed its $2.16 billion acquisition of Sundyne LLC from private equity firm Warburg Pincus. This all-cash transaction is expected to enhance Honeywell’s product offerings and aftermarket services, integrating important equipment with its automation systems powered by Honeywell Forge. The acquisition brings around 1,000 skilled employees from Sundyne and is anticipated to positively impact…more
Action Engineering LLC has partnered with MxD to enhance data interoperability for Model-Based Manufacturing, addressing digital manufacturing challenges, particularly those faced by the U.S. Department of Defense (DoD). This initiative aims to streamline data standards that have complicated integration across systems, thereby reducing inefficiencies for manufacturers and their suppliers. The collaboration will produce a Data…more
The eighth GPS III space vehicle — designed and built by Lockheed Martin (NYSE: LMT) — successfully launched from Cape Canaveral Space Force Station, Fla., on May 30. It achieved signal acquisition shortly thereafter. Similar to its predecessor launched in December 2024, GPS III SV08 executed an accelerated launch call-up, shipping from its cleanroom in…more
NobelClad, a business of Broomfield based DMC Global Inc. (Nasdaq: BOOM), celebrated the expansion of its Dunbar Mine, which is home to NobelClad’s explosive welding operations. Representatives from the U.S. Navy, the Navy’s Maritime Industrial Base Program, BlueForge Alliance and the U.S. Government attended the event. The U.S. Navy played a significant role in funding…more
Ball Corp. has teamed up with Açaí Motion, a Brazilian natural energy drink brand, to introduce a new can certified by the Aluminium Stewardship Initiative (ASI). This collaboration aims to enhance innovation and sustainability in the beverage industry, ensuring high quality and traceability while promoting a circular economy. The newly launched can holds the ASI…more
Lockheed Martin, based in Littleton, has received a $509.8 million modification (P00181) to a previously awarded contract (FA8807‐18‐C‐0009) for Global Positioning System III Follow-On Space Vehicles 21 and 22, according to the U.S. Department of Defense. This modification raises the total cumulative value of the contract to $4.1 billion. Work under this contract will take…more
Ball Corp. (NYSE: BALL) reported that Chief Financial Officer Howard Yu will step down from his position effective June 30, 2025, under a mutual agreement with the company. The company clarified that Yu’s departure is not related to any disagreement over accounting practices, financial reporting, internal controls, or operations. “We appreciate Howard’s contributions during his…more
Invest Qatar, the Investment Promotion Agency of Qatar, has signed a strategic agreement with Quantinuum, a Broomfield-based provider of quantum computing and developer of a high-performing quantum computer. The partnership aims to bolster Qatar’s quantum computing ecosystem by supporting Quantinuum’s expansion into the region, highlighted during a recent state visit by the President of the…more
A new report has ranked Jefferson County’s public companies based on their revenue for fiscal year 2024, offering a snapshot of the area’s diverse and dynamic economy. The ranking includes 17 companies from a variety of industries, reflecting the breadth of business activity across the region. Together, these companies generated $38.66 billion in revenue during…more