Raytheon, General Dynamics announce acquisition activities

General Dynamics Corp. on July 25 announced plans to acquire Intercontinental Manufacturing Co. (IMCO), a maker of bomb bodies, to expand its munitions business. IMCO, a Garland, Texas-based unit of Datron, Inc., develops and manufacturers bomb bodies for almost all 500-, 1,000- and 2,000-lb. bombs...

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