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Titan looks to future after failed sale: analysts bullish after deal with Lockheed collapses.
From:
San Diego Business Journal
| Date:
July 5, 2004| Author:
Allen, Mike
| COPYRIGHT 2004 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Although Titan Corp.'s long-anticipated sale to defense giant Lockheed Martin Corp. fell apart, the San Diego-based defense company's business remains strong and should continue growing, industry observers contend.
"(Founder and chairman) Gene Ray and Titan are a solid company, and even though the merger didn't happen, the capability Titan brings is still there. It's just not going to be with Lockheed Martin," said Frank Hewitt, president of San Diego Military Affairs ...
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