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Tag Archives: Rockwell Collins

Rick Schmidt Named Rockwell Collins M&A VP; Jeff MacLauchlan Comments

Rockwells Collins logo_GovConWire

Rick Schmidt, formerly senior director of mergers and acquisitions at Rockwell Collins (NYSE: COL), has been promoted to VP of M&A at the Iowa-based avionics technology maker. Schmidt helped the company carry out its acquisition of ARINC in 2013 in the senior director role and has worked on other strategy development and acquisition initiatives at Rockwell ...

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Navy Picks ViaSat, Data Link Solutions for MIDS-LVT Support

U.S. Navy

The U.S. Navy has awarded contracts worth a total of $880.8 million to ViaSat (Nasdaq: VSAT) and Data Link Solutions for the production and maintenance of the Multifunctional Information Distribution System Low Volume Terminal. The Defense Department said Friday ViaSat will provide support under a $514.3 million contract while Data Link Solutions, a joint venture of BAE ...

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Air Force Picks 22 Companies for $490M Contract Under ‘Agile Acquisition’ Program

Air Force

The U.S. Air Force has awarded spots on a $490 million indefinite-delivery/indefinite-quantity contract under the Agile Acquisition program to 13 large businesses and nine small businesses. The Defense Department said Thursday the contract covers pre-program, technology development, engineering, manufacturing and production activities for new-build or modified systems. Ten large business and 13 ...

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Rockwell Collins Unveils ARINC Platform for Disaster, Relief Communications

Rockwells Collins logo_GovConWire

TYSONS CORNER, VA August 20, 2015 — Rockwell Collins has launched a disaster communications platform that works to ensure connectivity for first responders and emergency workers, ExecutiveBiz reported Monday. Rockwell Collins said ARINC UrgentLink is designed to act as a backup network that does not rely on the local electricity ...

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August 19 Market Close: GovCon Index, US Stocks Decline as Fed Minutes Go Public

GovConIndexDOWN

The GovCon Index reflected across-the-board declines in U.S. markets Wednesday to record a decline of 0.493 points and close at 76.755. U.S. stocks recovered some losses incurred during the morning session after the Federal Reserve released its July meeting minutes that said economic conditions to precede an interest rate increase in September have not ...

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BAE-Rockwell Collins JV to Provide US, Allied Forces Advanced Military Comms

Contract

TYSONS CORNER, VA August 14, 2015 — Data Link Solutions, a joint venture of BAE Systems and Rockwell Collins, has been awarded a $18.3 million contract to manufacture MIDS low volume terminals for the U.S. Navy, Air Force, Air National Guard and allied forces. Rockwell Collins said Wednesday the MIDS-LVT ...

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Kent Statler: Rockwell Collins Makes SATCOM Market Push Through ICG Acquisition

acquisition, merger

Rockwell Collins (NYSE: COL) has bought satellite-based data and voice communications technology firm International Communications Group for $50 million upfront plus up to $14 million in additional consideration. Kent Statler, executive vice president and chief operating officer of Rockwell’s commercial systems business, said Thursday the company plans to add ICG’s SATCOM ...

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August 6 Market Close: GovCon Index Declines, Media Selloff Sinks US Markets

GovConIndexDOWN

The GovCon Index gave up nearly half of its gains from Wednesday’s trading session to record a loss of 0.309 points and close at 76.497 Thursday. Orbital ATK (NYSE: OA) led Index gainers at 6.92 percent to 76.82 after the company reported second quarter earnings and revenue that beat Wall Street expectations. Huntington Ingalls ...

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July 20 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index ended at 77.103 on Friday’s close, losing 0.272 points. The Dow Jones Industrial Average was down 33.80 points to 18,806.45, the Standard & Poor’s 500 composite index gained 2.35 points to 2,126.64 and the NASDAQ composite index increased 46.96 points to 5,120.14. Top Percentage Gainers Company $ Current Price $ Change % Change Honeywell International 105.54 +1.97 ...

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July 17 Market Close: GovCon Index Down, US Stocks Mixed

GovConIndexDOWN

The GovCon Index ended the week in negative territory to close at a loss of 0.272 points and end at 77.103. Index company Honeywell (NYSE: HON) saw its share price jump nearly 2 percent after the company reported an increase of $1.51 earnings per share for its second fiscal quarter, up ...

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