President of HPTi Timothy Keenan Wins Executive Of The Year

Defense technology firm Polaris Alpha has added former government leaders Joanne Isham and Henry Muller to its board of advisers. Muller and Isham will work to provide strategic advice to the leadership team as the company delivers services to government, intelligence community and military clients, Polaris Alpha said Monday. Isham has more than three decades of experience

Securities broker dealer B. Riley & Co., LLC has arranged for Ares Capital Corporation to buy $20 million of Dynamics Research Corporation subordinated debt to support ‘s DRC’s $143 million cash acquisition of High Performance Technologies, Inc. The debt has a six-year term. Bank of America will also lead a $130 million senior credit facility for DRC

Dynamics Research Corporation (NASDAQ: DRCO) has signed a definitive agreement to acquire High-Performance Technologies, Inc., a provider of high-end technology services to the federal healthcare and military technology markets, for $143 million in cash. The deal is anticipated to close June 30, 2011. Nearly 80 percent of HPTi’s 2010 sales were in DRC’s target growth