Integrated Defense Technologies CEO Describes 'Mind-Boggling' IPO

By John Liang / October 3, 2002 at 5:00 AM
SAN DIEGO -- Before the Sept. 11, 2001, terrorist attacks on the Pentagon and World Trade Center, the senior executives and bankers of then-privately owned Integrated Defense Technologies thought Wall Street wouldn't take a second look at it until it hit $1 billion in revenues. "We thought that even at $500 million, the Street really wouldn't give us much attention," IDT Chief Executive Officer Thomas Keenan told attendees of an aerospace and defense conference here this week. At the time...

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