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Hughes Electronics
Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5.2 billion. The surviving parts of Hughes Electronics are today known as The DirecTV Group. On June 5, 1985 General Motors was announced as the winner of a secretive five month, sealed-bid auction. Other bidders included Ford Motor Company and Boeing. The purchase was completed on December 20, 1985, for an estimated $5.2 billion, $2.7 billion in cash and the rest in 50 million shares of GM Class H stock. On December 31, 1985, General Motors merged Hughes Aircraft with its Delco Electronics unit to form Hughes Electronics Corporation, an independent subsidiary. The group then consisted of: Delco Electronics Corporation and Hughes Aircraft Company. In August of 1992 Hughes Aircraft completed its purchase of General Dynamics' missile businesses for $450 million. This brought the Tomahawk Cruise Missile, Advanced Cruise Missile, Standard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BGM-109 Tomahawk
The Tomahawk () Land Attack Missile (TLAM) is a long-range, all-weather, jet-powered, subsonic cruise missile that is primarily used by the United States Navy and Royal Navy in ship and submarine-based land-attack operations. Under contract from the U.S. Navy, the Tomahawk was designed at the APL/ JHU in a project led by James Walker near Laurel, Maryland, and was first manufactured by General Dynamics in the 1970s. It was intended to fill the role of a medium- to long-range, low-altitude missile that could be launched from a naval surface warfare platform, and featured a modular design accommodating a wide variety of warhead, guidance, and range capabilities. At least six variants and multiple upgraded versions of the TLAM have been added since the original design was introduced, including air-, sub-, and ground-launched variants with conventional and nuclear armaments. In 1992–1994, McDonnell Douglas Corporation was the sole supplier of Tomahawk Missiles and produced Bloc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delphi Automotive Systems
Aptiv PLC is an Irish-American automotive technology supplier with headquarters in Dublin. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors. History The company was established as General Motors' Automotive Components Group in 1994, which changed its name to Delphi Automotive Systems in 1995. Delphi disclosed some irregular accounting practices in 2005. A number of executives, including CFO Alan Dawes, resigned. Delphi Chairman J.T. Battenberg retired. Delphi then filed for Chapter 11 bankruptcy protection to reorganize its struggling U.S. operations. As a result of this action, the Securities and Exchange Commission granted an application by the New York Stock Exchange to delist Delphi's common stock and bonds. Plants in Puerto Real, Cádiz, Spain, closed, with a loss of 1,600 direct jobs, and more than 2,500 indirect jobs in February 2007, despite having agreed to continue its manufactu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citicorp
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is incorporated in Delaware. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the nine global investment banks in the Bulge Bracket. Citigroup is ranked 33rd on the ''Fortune'' 500 as of 2021. Citigroup has approximately 200 million cust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1996 In Aviation
1996 was the bloodiest year for commercial aviation since 1985: 1,845 people were killed in aviation accidents. This is a list of aviation-related events from 1996: Events January * January 8 – Overloaded and fully fueled, an Air Africa Antonov An-32B wet-leased from Moscow Airways fails to takeoff from N'Dolo Airport in Kinshasa, Democratic Republic of Congo, overruns the runway, and ploughs into Kinshasa's crowded Simbazikita street market, where its fuel tanks explode. Two of at least six people on the plane die; in the street market, an estimated 300 people die and about 500 are injured, 253 of them seriously. * January 12 – Ansett Australia begins service to Jakarta. February * The T-6 Texan II is selected as the new primary trainer for the United States Armed Forces. * Hildegarde Ferrera becomes the oldest person to parachute out of a plane, at 99 years old. * February 6 – Birgenair Flight 301, a Boeing 757-225, crashes into the Atlantic Ocean soo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlyle Group
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world. In 2015, Carlyle was the world's largest private equity firm by capital raised over the previous five years, according to the PEI 300 index, though by 2020, it had slipped into second place. Founded in 1987 in Washington, D.C., by William E. Conway Jr., Stephen L. Norris, David Rubenstein, Daniel A. D'Aniello and Greg Rosenbaum, the company has nearly 1,850 employees in 26 offices on six continents . On May 3, 2012, Carlyle completed a million initial public offering and began trading on the NASDAQ stock exchange. History Founding and early history Carlyle was founded in 1987 as an investment banking boutique by five partners with backgrounds in finance and govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magnavox Electronic Systems
Magnavox (Latin for "great voice", stylized as MAGNAVOX) is an American electronics company that since 1974 has been a subsidiary of the Dutch electronics corporation Philips. The predecessor to Magnavox was founded in 1911 by Edwin Pridham and Peter L. Jensen, co-inventors of the moving-coil loudspeaker at their lab in Napa, California, under United States Patent number 1,105,924 for telephone receivers.Kornum, Rene.The loudspeaker is 100 years old ''Ingeniøren'', 4 November 2015 Six decades later, Magnavox produced the Odyssey, the world's first home video game console. Magnavox is the brand name worn by a line of products now made by Funai under license from trademark owner Philips. However, on 29 January 2013, it was announced that Philips had agreed to sell its audio and video operations to the Japan-based Funai Electric for €150 million, with the audio business planned to transfer to Funai in the latter half of 2013, and the video business in 2017. As part of the tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1995 In Aviation
This is a list of aviation-related events from 1995: Events * Alyemda Air Yemen is renamed Alyemen Airlines of Yemen. * A North American Sabreliner owned by Osama bin Laden is badly damaged in a runway excursion in Khartoum, allegedly ending an Al-Qaeda plot to assassinate Egyptian president Hosni Mubarak by ramming his presidential aircraft. January * January 4 – Mexican composer and conductor Eduardo Mata and his passenger are killed when an engine of the Piper Aerostar Mata is piloting fails and the Aerostar crashes near Cuernavaca, Mexico, shortly after takeoff from Cuernavaca Airport. * January 10 – Flight 6715, a de Havilland Canada DHC-6, went missing over the Molo Strait. All 14 people on board were likely killed. Investigators suspected that an explosion occurred on the lower cargo compartment. * January 11 – Intercontinental de Aviación Flight 256 crashes near Cartagena, Colombia with 51 fatalities. A 9-year-old girl is the only survivor. * J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Direct Broadcast Satellite
Satellite television is a service that delivers television programming to viewers by relaying it from a communications satellite orbiting the Earth directly to the viewer's location. The signals are received via an outdoor parabolic antenna commonly referred to as a satellite dish and a low-noise block downconverter. A satellite receiver then decodes the desired television program for viewing on a television set. Receivers can be external set-top boxes, or a built-in television tuner. Satellite television provides a wide range of channels and services. It is usually the only television available in many remote geographic areas without terrestrial television or cable television service. Modern systems signals are relayed from a communications satellite on the X band (8–12 GHz) or Ku band (12–18 GHz) frequencies requiring only a small dish less than a meter in diameter. The first satellite TV systems were an obsolete type now known as television receive-only. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RIM-116 Rolling Airframe Missile
The RIM-116 Rolling Airframe Missile (RAM) is a small, lightweight, infrared homing surface-to-air missile in use by the German, Japanese, Greek, Turkish, South Korean, Saudi Arabian, Egyptian, Mexican, UAE, and U.S. Navies. It was originally intended and used primarily as a point-defense weapon against anti-ship missiles. As its name indicates, RAM rolls as it flies. The missile must roll during flight because the RF tracking system uses a two-antenna interferometer that can measure phase interference of the electromagnetic wave in one plane only. The rolling interferometer permits the antennas to look at all planes of incoming energy. In addition, because the missile rolls, only one pair of steering canards is required. , it is the only U.S. Navy missile to operate in this manner. The Rolling Airframe Missiles, together with the Mk 49 Guided Missile Launching System (GMLS) and support equipment, make up the RAM Mk 31 Guided Missile Weapon System (GMWS). The Mk-144 Guide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Close-in Weapon System
A close-in weapon system (CIWS ) is a point-defense weapon system for detecting and destroying short-range incoming missiles and enemy aircraft which have penetrated the outer defenses, typically mounted on a naval ship. Nearly all classes of larger modern warships are equipped with some kind of CIWS device. There are two types of CIWS systems. A gun-based CIWS usually consists of a combination of radars, computers, and rapid-firing multiple-barrel rotary cannons placed on a rotating turret. Missile-based CIWSs use either infra-red, passive radar/ ESM, or semi-active radar terminal guidance to guide missiles to the targeted enemy aircraft or other threats. In some cases, CIWS are used on land to protect military bases. In this case, the CIWS can also protect the base from shell and rocket fire. Gun systems A gun-based CIWS usually consists of a combination of radars, computers and rotary or revolver cannon placed on a rotating, automatically aimed gun mount. Example ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phalanx CIWS
The Phalanx CIWS (often spoken as "sea-wiz") is a gun-based close-in weapon system to defend military watercraft automatically against incoming threats such as aircraft, missiles, and small boats. It was designed and manufactured by the General Dynamics Corporation, Pomona Division,Thomas, Vincent C. ''The Almanac of Seapower 1987'' Navy League of the United States (1987) p.191 later a part of Raytheon. Consisting of a radar-guided Vulcan cannon mounted on a swiveling base, the Phalanx has been used by the United States Navy and the naval forces of 15 other countries. The US Navy deploys it on every class of surface combat ship, except the and . Other users include the British Royal Navy, the Royal Australian Navy, the Royal New Zealand Navy, the Royal Canadian Navy and the US Coast Guard (aboard its - and s). A land variant, the LPWS (Land Phalanx Weapon System), part of the C-RAM system, was developed. It was deployed to counter rocket, artillery and mortar attack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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