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Search Results for: Bombardier

Gene Colabatistto: CAE Completes Buy of Bombardier Military Flight Training Business

CAE (NYSE: CAE) has concluded its approximately $15 million purchase of the military aviation training business of Bombardier. The deal makes CAE the NATO Flying Training in Canada program’s new prime contractor and supports the company’s efforts to grow its live military pilot training services portfolio, CAE said Wednesday. Gene …

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Marc Parent: CAE Eyes Flight Training Program Expansion with Purchase of Bombardier Unit

CAE (NYSE: CAE) has agreed to buy the military aviation training business of Bombardier for approximately $15.9 million in an effort to further help defense customers train future airmen. The Bombardier unit works with the Royal Canadian Air Force and allied forces as a prime contractor in the NATO Flying …

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Aerospace Industry Vet Brendan Curran to Head Boeing’s AvionX Business

Brendan Curran, formerly president of Crane Co.’s aerospace and electronics group, has been named president of a Boeing (NYSE: BA) business organization that produces avionics and electronics systems. The more than 20-year aerospace industry veteran will lead the AvionX organization and Boeing’s aftermarket strategy across the defense, commercial and services businesses in his new …

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Cubic Adds Transport, Aviation Vet Jeffrey Blakeman to VP Role; Anshooman Aga Comments

Jeffrey Blakeman, formerly vice president of operations at Bombardier‘s transportation business in the Americas region, has been named vice president of manufacturing and procurement at Cubic (NYSE: CUB). His appointment is effective July 2 and he will succeed the retiring Dave Lapczynski, who will remain with Cubic in an executive advisory role, the …

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Northrop to Support Air Force’s Battlefield Comms Relay Under $140M Contract Modification

The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a one-year, $140 million contract modification to provide payload and operations support for an airborne communications relay that works to help warfighters transmit data and gain situational awareness. Northrop will perform support work on the Battlefield Airborne Communications Node in San Diego, California, and various …

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Northrop Wins Air Force Long Range Strike Bomber Contract

Northrop Grumman (NYSE: NOC) has beaten out a team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) for the highly-anticipated contract to build the U.S. Air Force‘s Long Range Strike Bomber plane, Defense Department officials announced Tuesday. The service branch plans to purchase up to 100 of the bombers at a cost of $511 million per plane …

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Weekly Roundup Sept 28 – Oct 2 2015: Frank Kendall’s Outlook on Defense Sector Consolidation & More

Weekly Roundup Sept 28 – Oct 2 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The military’s chief weapons buyer sought to throw cold water this week on the idea of consolidation among the U.S.’ largest prime contractors in a year that has …

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Air Force Awards Three JSTARS Prototyping Contracts

Three industry teams have received $31.4 million in contracts to help the U.S. Air Force develop prototypes and risk reduction strategies for its future Joint Surveillance Target Attack Radar System aircraft, Defense News reported Friday. Aaron Mehta writes the military service awarded $9.9 million to Boeing (NYSE: BA), $10 million …

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GKN to Acquire Dutch Aircraft Manufacturer Fokker for $780M

GKN has agreed on the estimated $779.6 million acquisition of Arle Capital‘s Fokker Technologies company as part of GKN’s efforts to establish its business as a global supplier to the aerospace sector. GKN said Tuesday its aerospace business will absorb Fokker as an operating unit following the close of the acquisition scheduled …

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Kelly Ortberg to Succeed Clay Jones as Rockwell Collins CEO

Kelly Ortberg, president of Rockwell Collins (NYSE: COL), has been appointed to succeed Clay Jones as chief executive, effective July 31. Jones has told the board of directors he plans to retire as CEO on that date but will continue to serve as non-executive chairman of the board, Rockwell Collins …

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