Search Results for: tim mahoney

Honeywell Closes Buy of Space Hardware Maker Com Dev; Tim Mahoney Comments

Honeywell (NYSE: HON) has completed its purchase of spacecraft and satellite equipment producer Com Dev International through an approximately $345 million transaction. Tim Mahoney, president of Honewell’s aerospace segment, said Thursday the acquisition is part of a push to bolster the company’s satellite connectivity efforts and grow its satellite technology offerings for …

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Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market Push

Honeywell (NYSE: HON) has agreed to purchase aeronautical satellite communications technology and services company Satcom1 for an undisclosed amount as the companies aim to develop an integrated in-flight connectivity offering. Tim Mahoney, president and CEO of Honeywell’s aerospace business, said Monday the company made the acquisition to also grow its satcom hardware and software …

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Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev Purchase

Honeywell (NYSE: HON) has agreed to buy space hardware manufacturer Com Dev International for about $345 million in a push to grow Honeywell’s portfolio of satellite and connectivity technologies. Honeywell said Thursday the purchase price is net of Com Dev’s cash and debt, and the company expects the transaction to …

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EM’s Weekly Roundup: AECOM Sells Management Services Business to American Securities for $2.4B, Leidos Wins Two Huge Contracts, POC Announces Panelist for Unmanned Systems in the Future Fight, Executive Moves & Weekly Top 10 Stories

AECOM has entered into a definitive agreement to sell its management services business to affiliates of American Securities and Lindsay Goldberg for $2.4 billion, the company announced on Monday. The transaction has been unanimously approved by the company’s board of directors and is subject to customary closing conditions and regulatory …

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Leidos’ Roger Krone Joins Board of Governors at Aerospace Industries Association

TYSONS CORNER, VA, Nov. 22, 2016 —  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectively serve as …

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Honeywell Joint Venture To Provide Eco-Friendly Aircraft Taxiing System

Honeywell (NYSE: HON) has signed a memorandum of understanding with French aerospace firm Safran to create a joint venture that will deliver an electric taxiing system for new and existing aircraft. The companies expect first delivery to be in 2016. The taxiing system will use aircrafts’ auxilliary generators and electric …

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