Chinese regulators have given
United Technologies Corp. (NYSE: UTX) the green light to pursue its
planned $30B acquisition of
Rockwell Collins (NYSE: COL).
UTC said Friday the approval marks the final regulatory clearance the company needed to complete its purchase of the Cedar Rapids, Iowa-based avionics contractor.
Farmington, Conn.-based conglomerate UTC agreed in September to pay approximately $23B in cash and stock and assume $7B in net debt from Rockwell Collins in a push to expand its footprint in the aerospace market.
UTC said it expects to wrap up the acquisition within three business days following the approval in China.
The NASA logistics agreements run through GSA's OASIS+ vehicle, with a five-year base ordering period open through Sept. 30, 2031.
Adolf spent nearly six years in director roles at Serco and more than eight years at SRA International.
SAP NS2 has secured a seven-year, $903 million sole-source IDIQ contract from the Defense Logistics Agency for cloud services.
NIH and China's science ministry have barred applications substantially developed by AI, while European funders require disclosure.
Leidos has named AT&T COO Jeff McElfresh to its board of directors, which has expanded to 11 members with his…
The modernization work covers test planning, data analysis and integration engineering for aircraft and C4ISR systems.
FEMA seeks a new system for workforce readiness, deployment monitoring, incident management and system administration.
War Secretary Pete Hegseth has unveiled Project Meridian, the Autonomous Warfare Command and four other DOW initiatives at Quantico.
The Coast Guard's Force Design 2028 execution is accelerating, with organizational changes completed and major contracts awarded.
TTM financed the Epiq purchase with a $300M Term Loan A and an $800M Term Loan B.
The Navy has awarded Booz Allen, CACI and five other companies spots on a potential $828 million IDIQ for business…
Masood Ahmed joins Peraton after about a decade at Leidos, where he most recently oversaw a federal health and civilian…
You’ve already read all related articles.
VIDEO 
Chinese regulators have given United Technologies Corp. (NYSE: UTX) the green light to pursue its planned $30B acquisition of Rockwell Collins (NYSE: COL).
