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Titan moving on after sale to Lockheed falls through.(Media & Technology)(Interview)
From:
Los Angeles Business Journal
| Date:
July 5, 2004| Author:
Graves, Brad
| 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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Executives and employees of Titan Corp., the San Diego-based defense contractor, are emerging from a marathon year.
Lockheed Martin Corp. walked away from its $1.66 billion acquisition proposal, leaving Titan to go forward as an independent company. In addition, both the U.S. Department of Justice and the Securities and Exchange Commission are investigating allegations that Titan made illegal payments to consultants used to generate business in several foreign countries....