UTC CEO Greg Hayes said Tuesday in a conference call the company does not expect the U.S.-China political issues to have an impact on the deal citing UTC™s investment and key role in the East Asian country™s aerospace sector.
The Gazette reported that UTC considers plans to split up its aircraft engines, plane interiors, elevators and aerospace systems businesses into separate entities.
Hayes said any decision over that portfolio breakup would be contingent on UTC™s completion of the acquisition.
UTC received antitrust clearance from the Justice Department earlier this month to acquire Rockwell Collins under the $30B deal, which includes the assumption of $7B in net debt from the Cedar Rapids, Iowa-based avionics contractor.
Kris Levin-Snow, area vice president within AT&T‘s national security group, will now oversee the company’s defense industrial base portfolio in addition…
Rocket Lab has signed a definitive agreement to acquire California-based Motiv Space Systems, adding space robotics and precision spacecraft mechanism…
Sonny Bhagowalia, assistant commissioner for information and technology and chief information officer at U.S. Customs and Border Protection, has received…
NextPoint Group expands intelligence-focused capabilities with UScontracting acquisition by adding expertise in cybersecurity, signals intelligence and data analysis for national…
