Home / Tag Archives: UTC

Tag Archives: UTC

Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market

Weekly Roundup December 11 – December 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For this week’s roundup we’re taking a look at the current landscape of M&A activity in the government contracting market. 2017 is coming to a close and the …

Read More »

USAF Awards Potential $6.7B Aircraft Engine Sustainment IDIQ to Pratt & Whitney

A United Technologies (NYSE:UTX) subsidiary has received a potential eight-year, $6.7 billion indefinite-delivery/indefinite-quantity contract to sustain F119 aircraft engines for the U.S. Air Force. Pratt and Whitney will perform contract work through December 2025 under the sole-source contract, the Defense Department said Thursday. Locations of work are Air Force bases in Alaska, California, Connecticut, Hawaii, Utah, New …

Read More »

Rockwell Collins Shareholders Set Jan. 11 Vote on UTC Deal

Rockwell Collins (NYSE: COL) is set to hold a shareholder meeting on Jan. 11 to decide on proposals associated with United Technologies Corp.’s (NYSE: UTX) proposed $30 billion acquisition of the Cedar Rapids, Iowa-based avionics contractor. Rockwell Collins said Monday shareholders of record as of Dec. 8 will be eligible to …

Read More »

Executive Mosaic’s Weekly GovCon Round-up: Recent Executive Moves in the GovCon Industry

Weekly Roundup December 4 – December 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks the GovCon industry has experienced multiple significant executive shifts that are sure to leave an impact on the industry as a whole. Recent executive moves …

Read More »

Pratt & Whitney Gets $353M Modification on F-35 Propulsion Tech Sustainment Contract

United Technologies‘ (NYSE: UTX) Pratt & Whitney subsidiary has received a $353.2 million modification under a U.S. Navy contract for logistics sustainment work on propulsion systems designed to power the Lockheed Martin-built F-35 aircraft. Pratt & Whitney will support F-135 propulsion systems for F-35 jets of the Navy, the U.S. Air Force, the U.S. Marine …

Read More »

Heather Wilson: Air Force to Keep an Eye on Northrop-Orbital ATK Merger Plan

Air Force Secretary Heather Wilson has said she has no concerns on Northrop Grumman’s (NYSE: NOC) proposal to acquire Orbital ATK (NYSE: OA) and that the service branch intends to monitor the transaction’s progress, Defense News reported Tuesday. “Obviously, we watch these things and make sure that no matter [what] happens …

Read More »

Executive Mosaic’s Weekly GovCon Round-up: The Landscape of M&A in GovCon

Weekly Roundup September 11 – September 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, let’s take a look at the current landscape of mergers and acquisitions in the GovCon sector. Notable M&A activity includes: CenturyLink adjusting the closing date of its …

Read More »

Greg Hayes: UTC-Rockwell Collins Merger Deal Aims to Advance Digital Platforms, Predictive Analytics

Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said UTC’s move to acquire Rockwell Collins (NYSE: COL) under an estimated $30 billion deal seeks to advance the development of digital platforms for the aviation sector, Reuters reported Tuesday. Hayes told Reuters the proposed acquisition also aims to facilitate the adoption of …

Read More »

UTC Proposes $30B Deal for Rockwell Collins in Aerospace Market Push; Greg Hayes Comments

United Technologies Corp. (NYSE: UTX) has agreed to purchase Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) through an estimated $30 billion transaction in a move to establish a new aerospace systems supplier that will work to meet the evolving needs of global clients. Farmington, Connecticut-based conglomerate UTC said Monday it will pay …

Read More »

Reports: UTC Nears Deal to Acquire Rockwell Collins

United Technologies Corp. (NYSE: UTX) is close to finalizing an agreement to buy Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) as the industrial conglomerate aims to expand its aerospace business, Reuters reported Tuesday. A source familiar with the negotiations told Reuters the companies are close to reaching an agreement on …

Read More »