Posted July 10
AES Corp., an Arlington-based power company,
bought two wind generation operations in Minnesota and
Iowa from GE Energy Financial Services, a unit of General
Electric. The deal gives AES over 1,000 megawatts of
wind-generating facilities in operation or under construction. (Business
Wire)
CACI International Inc., a defense technology
company headquartered in Arlington, agreed to buy the
consulting firm The Wexford Group International of
Vienna. Wexford, with a staff of 190 professionals, offers
advice to federal government clients on technology, communications
and management strategy. (PR Newswire)
LCC International Inc., a McLean-based provider
of wireless services, bought the domestic engineering
assets of Wireless Facilities Inc. of San Diego, Calif.
for $39 million. (Business Wire)
Sprint Nextel, a Reston telecommunications company,
bought its affiliate Northern PCS for $312.5 million,
its seventh such deal in two years. The acquisition includes
service areas in the upper Midwest. Affiliate partners
provided Sprint Nextel service in rural areas, but several
of the affiliates have sued over the selling of Nextel-branded
products, claiming violation of a no-compete agreement.
Purchase of many of these affiliates was seen as a cheaper
alternative to protracted litigation. (The Washington
Post)
