Search Results for: Crowley

Raytheon Acquires SafeNet’s Government Solutions Business; Daniel Crowley Comments

Raytheon Co. (NYSE: RTN) has acquired the government solutions business of SafeNet Inc. for an undisclosed amount and will add around 170 SafeNet employees to form a new information systems product area. Jim Summers, general manager of SafeNet Government Solutions, will lead that area, which will be housed within the integrated communication …

Read More »

Raytheon Taps Daniel Crowley to Lead NCS Business

Raytheon (NYSE: RTN) has selected Daniel J. Crowley to serve as president of Raytheon Network Centric Systems (NCS). Crowley replaces the retiring Colin J.R. Schottlaender, who is set to step down at the end of the year. “Dan’s extensive industry background and deep expertise in operations, engineering, strategic business development …

Read More »

Triumph Group Refocuses Investment Strategy After Machining, Fabrication Business Divestitures

Arlington Capital Partners and NWI Holdings have respectively finalized their acquisitions of the fabrication and machining businesses from Triumph Group. Triumph Group said Monday it will refocus investment efforts on intellectual property systems and proprietary technology products designed for aftermarket and original equipment manufacturing clients. The deals include divestitures of …

Read More »

Arlington Capital Partners to Acquire Triumph Group’s Fabrications Business

Washington, D.C.-based private equity firm Arlington Capital Partners has agreed to acquire the fabrications business of Triumph Group (NYSE: TGI) for an undisclosed sum. Triumph Fabrications is composed of four independent firms with operations in San Diego; Phoenix; Shelbyville, Ind.; Hot Springs, Ark.; and Fort Worth, Texas, Triumph Group said Monday. …

Read More »

Executive Mosaic’s Weekly GovCon Round-up: Recent M&A Activity in the GovCon Market

Weekly Roundup December 11 – December 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For this week’s roundup we’re taking a look at the current landscape of M&A activity in the government contracting market. 2017 is coming to a close and the …

Read More »

Triumph Group to Merge Aerospace & Precision Tech Businesses

Berwyn, Pennsylvania-based aircraft component manufacturer Triumph Group (NYSE: TGI) plans to merge its Precision Components and Aerospace Structures businesses into a new business unit slated to launch Jan. 1. Pete Wick, executive vice president of Precision Components, will serve as EVP of the newly combined business unit that will operate …

Read More »

Aerospace Industry Vet Gary Tenison to Join Triumph Group as Business Devt VP

Gary Tenison, formerly vice president of marketing and business development at Kaman‘s (NYSE: KAMN) aerospace group, will officially join Triumph Group on Feb. 13 as VP of business development. Triumph said Wednesday that Tenison will bring to the company more than 30 years of aerospace industry experience. “Gary will accelerate the critical work already underway to …

Read More »