Private equity firm Advent International has agreed to pay approximately $4.99B, including debt, for U.K.-based aerospace and defense contractor Cobham, Financial Times reported Wednesday. The price of the deal represents a premium of nearly 35 percent over the Wednesday closing stock price of Cobham.

Thomas Casale, former president of L3 Technologies' radome manufacturing business, has joined Cobham as vice president and general manager of communications, navigation and identification and interconnect solutions unit. He will lead the business area that operates within Cobham's advanced electronic solutions sector and brings 30 years of radiofrequency and microwave industry experience to his new role, the company said Monday.

Shawn Black, chief operating officer of Cobham’s U.S.-based advanced electronic solutions sector, has been promoted to serve as president of the same business beginning on July 1.

Scott Weiner, a more than 10-year Cobham veteran, has named vice president of corporate development at Raytheon (NYSE: RTN). Raytheon said Monday Weiner will oversee acquisitions, joint ventures, minority investments and divestitures across the company’s domestic and international businesses. He will report to Chief Financial Officer Toby O’Brien. Prior to his appointment, Weiner held similar …

Cobham Semiconductor Solutions in Plainview, N.Y. will be the sole-source contract for radiation-tolerant analog multiplexers that will assist NASA researchers with a variety of space applications. The value of the contract has not yet been negotiated. Cobham will produce flight Aeroflex multiplexers, part numbers 8511-201-1S and 8512-201-1S. “An electronic multiplexer …

Angie Casper, a 25-year human resources professional, has joined LMI as a senior vice president and chief HR officer at the Tysons, Virginia-based nonprofit government consulting services contractor. LMI said Wednesday she will oversee efforts to integrate HR strategies and processes with the company’s strategic plan as well as manage career development programs. …

David Lockwood, CEO of U.K.-based electronics firm Laird, will succeed Bob Murphy as CEO of Cobham by Jan. 1, 2017. Murphy will leave his post by the end of 2016 and will be succeeded by Lockwood on the company’s board of directors, Cobham said Wednesday. “David has a background in defense …

The U.S. Navy has awarded positions on a potential $15 million contract to Cobham,  Teledyne Technologies (NYSE: TDY) and EDO for the replacement of obsolete parts of the AN/ALQ-99F tactical jamming system. The Defense Department said Tuesday contractors will compete for task orders to develop manufacture and test prototypes to replace outdated AN/ALQ-99F components. Work location will be …

TYSONS CORNER, VA, July 25, 2016 — Cobham has received an $8 million contract from Northrop Grumman to create a motion control system for its two microwave instruments intended to be used for National Oceanic and Atmospheric Administration’s Joint Polar Satellite System program, ExecutiveBiz reported Friday. The company will create the system at …

David Mellors, chief financial officer at British robotics technology maker QinetiQ Group, will join U.K.-based aerospace and defense contractor Cobham as CFO on a yet unconfirmed date no later than Jan. 1, 2017. Cobham said Wednesday that current CFO Simon Nicholls will depart the company later in the year and remain in the role as the …