Israel-based private equity firm FIMI Opportunity Funds is acquiring defense electronics company Aitech Rugged Group Inc. for $30 million. Part of the sum will be used to buy Aitech from its current owners, a group of Netherlands-based investors, and the rest will be infused into the company to promote operational growth.

Hanmi Semiconductor announced a contract to supply semiconductor manufacturing equipment to Skyworks. The contract is valued at 7.44 billion KRW (approx. USD 6.9 million) and was signed on February 7, 2018.

Kongsberg Defence & Aerospace received two orders totaling $40.3 million for the F-35 Joint Strike Fighter program, covering delivery of Air-to-Air Pylons to Marvin Engineering and Center Fuselage parts to Northrop Grumman for LRIP 10 and 11.

M&Q Holdings, through subsidiary M&Q Acquisition, acquired US food packaging company Flavorseal, which will operate as a division in Ohio.

Direct Pack, a PMC Global subsidiary, installed six silos with Superior Cranes at its Rockingham plant to receive resin by truck in bulk, lowering material costs. The silos each hold 250,000 pounds of raw and recycled material.

Halliburton signed a definitive agreement to sell its Dresser Equipment Group, a maker of valves, instruments and industrial equipment, to an investor group led by First Reserve and Odyssey Investment Partners for $1.55 billion in cash and assumed liabilities. Halliburton will keep a five percent equity stake.

Taiwan's Far East New Century Corp (FENC) successfully bid $33.5 million for M&G's 800 million lb/year PET resin plant in Apple Grove, West Virginia, and an R&D center in Ohio.

U.K.-based Preformed Windings is opening a 30,000-square-foot plant in Pell City, Alabama, its first U.S. facility, creating up to 85 jobs to support North American demand for high voltage coils.

Tecogen sold four 200-ton Tecochill STx Series water-cooled chillers to the Bulova Corporate Center in Queens, NY, including a long-term service contract.

The U.S. Army TACOM awarded Oshkosh Defense a firm fixed price requirements contract for the Family of Medium Tactical Vehicles (FMTV) A2 variant, with an initial estimated value of $476 million and a duration of up to seven ordering years.

Aisin Drivetrain (ADI), a subsidiary of Aisin Seiki, announced plans to invest over $16 million to expand its manufacturing operations in Crothersville, Indiana, creating up to 47 new jobs by the end of 2018. The expansion will accommodate design changes for steering columns and other automotive components.

Parker Hannifin is planning a $30 million expansion at its Greeneville, Tennessee plant to add a new line of equipment for increased production of a transmission component. The project is expected to add 50 to 60 jobs over the next three years.

Loram Maintenance of Way announced a definitive agreement to acquire all outstanding shares in Georgetown Rail Equipment Co. (GREX), a market leader in material handling and track inspection technologies.

Electrolux announced plans to invest $250 million to modernize and expand its 400,000-sq.-ft. appliance manufacturing facility in Springfield, Massachusetts, creating 25 jobs and adding production of Frigidaire freestanding cooking products. Completion is expected in 2020.

The Port of Virginia has begun a $320 million expansion of Virginia International Gateway (VIG) with the arrival of the first six Konecranes rail-mounted gantry cranes. The project includes delivery of 86 new automated stacking cranes over two years, with a $217 million contract awarded to Konecranes in 2016.

Kellstrom Defense Aerospace has been appointed by Valcor Engineering as the exclusive distribution partner for fluid control valves and related components used on military platforms including F-16, F-18, V-22, CH-47, CH-53, and land/sea platforms. The territory covers global military operators excluding Japan.

Wharton-Smith was selected as general contractor to construct a new 3 MGD wastewater treatment plant on the Seminole Tribe of Florida's Hollywood Reservation. The project is valued at $54 million and is expected to begin in April 2018 and be completed by April 2020.

Far Eastern New Century Corporation (FENC) won the bid for the M&G Polymers USA LLC PET production plant in Apple Grove, West Virginia, for about $34 million. The acquisition includes a research center in Ohio and gives FENC its first resin production plant in the United States.

Medical device firm Caisson Interventional LLC plans to expand its Maple Grove facilities by 30,000 square feet and add 50 jobs, investing $750,000. The project is supported by a $359,850 grant from the Minnesota Job Creation Fund.

Axis Company LLC, a robotic automation systems manufacturer, will construct a 67,000-square-foot facility at 4195 44th St. SE in Kentwood, Michigan. The company will invest $4 million, including equipment, and received a 12-year tax abatement.

Dragon Products Group completed the acquisition of FabTech's assets from Nalco Champion, a division of Ecolab. FabTech designs and fabricates oilfield production equipment in Casper, Wyoming. Terms were not disclosed.

EagleTree Capital, on behalf of EagleTree Partners IV, acquired a majority stake in Rutherford, New Jersey-based Airtech Group, a maker of vacuum pumps, blowers, compressors and valves, from founder Tom Latsos and other management. Terms were not disclosed.

Varian Medical Systems acquired radiation oncology quality assurance software maker Mobius Medical Systems for an undisclosed amount. Mobius' QA software is used at over 1,000 sites globally.

Broadcom increased its unsolicited bid for Qualcomm to $82 per share, valuing the deal at over $121 billion. The bid is the largest proposed tech merger ever.

Merrill Steel was awarded a contract as part of a joint venture with Mortenson | McCarthy to provide design-assist, detailing, procurement, fabrication, painting, freight, and erection services for the $1.9 billion Las Vegas Stadium.

Ingersoll Rand and Mitsubishi Electric Corp. agreed to establish a 50-50 joint venture to market, sell, and distribute ductless and VRF HVAC systems in the U.S. and select Latin American countries.

Vegalab finalized a five-year master distribution agreement with Stanislaus Farm Supply, appointing Stanislaus as master distributor for California and Nevada. The contract includes annual minimum purchases of approximately $13 million.

Shanghai Daimay Automotive Interior Co. plans to acquire the auto sun visor-related assets and businesses of US-based Motus Integrated Technologies. A binding proposal has been made, but no further details were disclosed.

Privately-held Intarcia Therapeutics cut 60 employees and received a clinical hold for two marketing studies, four months after the FDA rejected its diabetes drug-eluting implant.

Digirad Corp. closed the sale of its medical device sales and service business and associated contracts to Royal Philips for $8 million. The divested business provides post-warranty maintenance for large diagnostic imaging equipment in the upper mid-west US.

ExxonMobil Research and Engineering Company awarded Lockheed Martin multiple contracts to design, develop and integrate an early stage, next-generation, open and secure automation control system. Lockheed Martin has established a systems integration laboratory in Owego, New York and selected 10 suppliers for the proof-of-concept phase.

Platinum Equity has acquired Green Bay, Wisconsin-based WS Packaging Group, a labels and packaging solutions provider, from J.W. Childs Associates; no financial terms were disclosed.

WestRock agreed to acquire KapStone Paper and Packaging Corp. for about $3.5 billion, or about $4.9 billion including KapStone's net debt of about $1.36 billion. The deal is expected to close in the quarter ending September 30 and generate about $200 million in savings by fiscal 2021.

South Korea's Daelim agreed with Thailand's PTT Global Chemical to jointly develop a proposed $4.5 billion ethane cracker and polyethylene complex in Belmont County, Ohio, with Daelim investing up to $131 million.

Wolverine Packing Co. is planning a $30 million plant to expand its Eastern Market operations in Detroit and is seeking tax incentives for the project.

Augusta Fiberglass Coatings Inc. is investing $625,000 to add 12,000 square feet to its manufacturing facility in Blackville, South Carolina, creating 12 new jobs.

TTM Technologies Inc. agreed to buy Anaren Inc., a DeWitt-based radar components maker, for $775 million. The acquisition is expected to close in the first half of 2018.

Venus Concept Ltd. has entered into an agreement to acquire NeoGraft Solutions' hair restoration business. The acquisition is expected to close in February 2018. Financial terms were not disclosed.

UFP Technologies acquired Dielectrics Inc., a medical device manufacturer based in Chicopee, Massachusetts, with 2017 sales of approximately $43 million.

Georgia Ports Authority ordered 8 Konecranes BOXPORTER rail-mounted gantry cranes for the Mason Mega Rail project at the Port of Savannah, to double on-dock rail capacity to 1 million containers per year.

H&H Trailers, a division of Novae Corp., announced an expansion of its manufacturing operations with the addition of 50,000 square feet of production space to the facility in Red Oak, Iowa.

Heidenhain Corp., a manufacturer of encoders and numerical controls, has acquired AMO Corp., an Austrian specialty encoder company. AMO's sales operations will be coordinated at Heidenhain in the U.S., while production and engineering remain in Austria.

Wärtsilä agreed to acquire UK-headquartered Transas, a marine navigation and simulation software company with about EUR 140 million annual sales and roughly 1,000 employees, for an enterprise value of EUR 210 million. Closing is expected in the second quarter of 2018.

Xylem Inc announced it acquired Emnet, LLC, described as a provider of smart solutions. Financial terms were not disclosed.

Polymer Solutions Group (PSG), a portfolio company of Arsenal Capital Partners, acquired the assets of Phoenix Chemical Company, Inc., a specialty chemical manufacturer and distributor based in Calhoun, Georgia. The acquisition includes affiliated entities New South Distribution, Inc. and Olive Branch Distribution, Inc.

Indiana natives Scott Wolfrum and Tyler Sadek have acquired Warsaw Chemical, a producer of cleaning products for various industries. Financial details were not disclosed. The headquarters will remain in Warsaw, Indiana, and staff will stay in place.

NAI, a manufacturer of connectivity solutions, announced the planned opening of a new 25,000 sq. ft. factory in Gaylord, MI. Production will begin in June 2018, with plans to hire 40 employees in 2018 and 125 by 2019.

Pullman-based Decagon Devices and Munich-based UMS AG merged to form Meter Group Inc., combining their food and environmental sensor technology businesses. The merger was effective January 1, 2017.

Bodo Möller Chemie will take over distribution of Huntsman Advanced Materials' adhesives, potting and casting product lines in North America, expanding their existing partnership from Europe and Asia.

Evoqua Water Technologies signed a definitive agreement to acquire Pure Water Solutions, a provider of high-purity water equipment and systems with service operations in Colorado and New Mexico.