Mildly Interesting tidbit
Probably nothing, but it seems NetJets is having some Raytheon-like interests these days....
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20051104005070&newsLang=en
November 04, 2005 08:30 AM US Eastern Timezone
XVionics Closes $3 Million Series B of Funding; SCP Partners Leads Round to Fuel Rapid Growth
WASHINGTON--(BUSINESS WIRE)--Nov. 4, 2005--XVionics, a global provider of
combat-proven aviation command and control software solutions, today announced that it has closed a $3 million Series B round of funding, led by SCP Partners of Wayne, PA. This round of funding, combined with an initial round which included CSP Partners of Boston, MA, brings XVionics' total equity investment to date to more than $11 million.
"Real-time command and control solutions are essential to managing the chaotic environments of military and civilian aviation operations," said Yaron Eitan, director and general partner of SCP Partners. "XVionics has a unique and differentiated technology solution and highly profitable business model that will allow it to be a leader in its space. We are excited to extend our support for the company."
XVionics will use the latest round of financing to fuel expansion into new markets. The company's flagship product, the XVionics Operational System Management (XV-OMS), is a scalable, real-time decision support system designed specifically to meet the needs of aviation operations around the globe. XVionics recently released version 3.0 of the XV-OMS. The new version is architected using flexible XML technology on the Microsoft(R) .NET platform. The .NET platform enables the XV-OMS to easily integrate with existing hardware and software infrastructure, maximizing existing software investment.
"This second round of funding will help propel XVionics ahead of its competitors in the Command and Control software sector. The interest and dedication of a respected firm such as SCP Partners validates our strategy and growing leadership position in the
military aviation market," said Gene Colabatistto, CEO of XVionics.
Existing members of XVionics' board include Chairman General Alexander M. Haig, Jr. of Worldwide Associates; and
Directors Bill Boisture, President, Net Jets, Inc; John Fletcher, CEO of Fletcher-Spaght, Inc.; and Brad Meslin, Managing Director of CSP Associates.
About XVionics
XVionics is the only global technology company with extensive experience in providing end-to-end software solutions for complex resource management in intense military aviation environments. The company has leveraged its technology and the unparalleled expertise of wing and squadron commanders running combat and peace time sorties, to develop the XV-OMS, a field-proven command and control software solution that helps squadrons actively manage all air, ground and personnel resources. The XV-OMS dramatically improves the efficiency, cost savings and safety of air force squadrons around the world. Air Forces around the world look to XVionics to help them master the networked battlefield.
About SCP Partners
SCP Private Equity Partners ("SCP") is a diversified private equity investment firm with over $800 million under management that invests in mid and later stage companies in high growth industries, with an emphasis on technology. SCP generally invests in companies with commercially proven technologies that need capital to implement and market their business concepts. In addition to its primary emphases on security technologies, educational technologies and medical devices, SCP targets the information technology, internet infrastructure, financial services and wireless communications sectors. Among others, its portfolio includes investments in peer-to-peer technologies, IT services, streaming media, content management, e- learning, and application integration. While its investments are primarily within the US, it will consider a limited number of investments in foreign countries.
SCP maintains close and continuing relationships with the management of its portfolio companies, involving not merely participation on the boards of its companies, but also supporting management through critical analysis of business plans and initiatives, the identification and consummation of strategic alliances, and proactive help with business development. SCP supports its investment portfolio with a rich base of strategic, operating and financial expertise and an extensive networking capacity to access capital, recruit management and facilitate favorable strategic alliances.
SCP is based in suburban Wayne, Pennsylvania, but maintains offices as well in New Jersey, New York and Washington, DC.
uke: 
