NEW BUSINESSAlliant Techsystems Inc., Eden Prairie, has been awarded a $37 million contract to provide lightweight 30mm ammunition, including the M788 target practice training round and the M789 High Explosive Dual Purpose tactical round - to the United Kingdom's Ministry of Defense. Both rounds will support the UK's fleet of AH-64 Apache helicopters.
Video Guidance, Bloomington, a visual communications company, has formed a joint partnership with Sovran Inc., Eagan, a technology solutions provider that specializes in solving connectivity issues on diverse platforms.
DEBT AND EQUITIESElectromed Inc., New Prague, said its board of directors has voted to transfer its stock exchange listing from the Nasdaq Capital Market to the NYSE Amex. Electromed now expects that its common stock will make the move Oct. 3, and will continue to be listed under the ticker symbol ELMD.
PERSONNELPiper Jaffray Cos., Minneapolis, has named Hope Woodhouse to its board of directors. Woodhouse served most recently as chief operating officer of Bridgewater Associates Inc., a $122 billion global hedge fund.