Author: Jeff Feingold

SBA lending provision faces expiration

Unless Congress votes to extend it, a key small-business lending provision in the Small Business Jobs Act will expire after Dec. 31.The Jobs Act of 2010, passed in September by Congress, included an increase in the U.S. Small Business Administration’s…

BAE Systems completes acquisition of Manchester firm

Global defense contractor BAE Systems has made official its previously announced acquisition of Oasys Technology, a Manchester-based manufacturer of electro-optical systems and subsystems. BAE will pay $25 million in cash, with another $30 million in potential payouts if Oasys meets…