M&A Activity

Sparton’s Engineered Defense Products Business to Operate as Standalone Entity; Bill Toti Quoted

Bill Toti President and CEO Sparton ECP

One Equity Partners has agreed to acquire Sparton's manufacturing and design services segment, allowing the latter company to focus exclusively on its engineered defense products business. Bill Toti, president and CEO of Sparton’s engineered components and products business and a previous Wash100 awardee will become CEO of Sparton as the ECP segment will transition into an independent entity upon the deal’s completion, Sparton said Friday.

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Christopher Kubasik: L3Harris to Continue Integration, Organic Growth Efforts

Christopher Kubasik President and COO L3Harris

Christopher Kubasik, president and chief operating officer of L3Harris Technologies and a 2020 Wash100 Award winner, told the Washington Business Journal in an interview published Wednesday that the company will continue post-merger integration and advance organic growth initiatives and revenue synergies as it begins its second year of operations.

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