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Search Results for: UTC

Executive Mosaic Updates GovConIndex; UTC Replaces KeyW

Executive Mosaic management has updated the GovConIndex to replace KeyW as a member of the “GovCon30” with United Technologies Corp. (UTX) following the completion of Jacobs Engineering Group’s (JEC) acquisition of KeyW on June 12th. UTC joins the GovConIndex as one of 30 publicly traded GovCon firms to represent a cross-industry analysis of the overall performance of the GovCon sector.

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RSA’s Robert Carey: Cybersecurity, Mission Outcomes Should Be Prioritized in Agency IT Modernization

Robert Carey, vice president and general manager of global public sector solutions at RSA, has said government agencies seeking to modernize their information technology infrastructure should prioritize mission outcomes and cybersecurity.

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POC Hosts 2019 Artificial Intelligence Forum Featuring BG Matthew Easley, Raytheon/UTC All-Stock Merger, CACI Battle of the Bands Winner & Weekly Top 10 Stories 

On Thursday, Executive Mosaic hosted the Potomac Officers Club’s 2019 Artificial Intelligence Forum. The forum featured a keynote address from BG Matthew Easley discussing the challenges of implementing AI for the U.S. Army, and a panel of GovCon leaders who elaborated on the impact AI continues to have on federal …

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Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A Trend

The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department of Defense’s spending and as DoD sets its sights on hypersonic missiles, space systems and other new priorities, The Wall Street Journal reported Wednesday.

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Greg Hayes: UTC, Raytheon Want ‘Platform Agnostic’ Tech Portfolio for Future Combined Firm

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTC), has said that both UTC and Raytheon (NYSE: RTN) agreed on implementing a "platform agnostic" approach for technology offerings of the future merged company. The two contractors signed an all-stock deal that will create a systems provider across aerospace and defense segments.

 

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UTC Names Judy Marks, David Gitlin as CEOs of Future Independent Firms Otis, Carrier

United Technologies Corp. (NYSE: UTX) has appointed Judith Marks, president of Otis since 2017 and a three-time Wash100 winner, as CEO of UTC’s elevators manufacturing subsidiary. Marks previously served as CEO of Siemens USA and head of the industrial conglomerate’s Dresser-Rand business. She also held senior leadership positions at Lockheed Martin (NYSE: LMT) and IBM (NYSE: IBM).

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Raytheon, UTC Announce All-Stock Merger; Thomas Kennedy, Greg Hayes Quoted

Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, which is expected in the first half of 2020, the firms said in a joint statement published Sunday.

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Dell EMC’s Steve Harris: IT Modernization Key to Utilize New Tech, Improve Outcomes for US

TYSONS CORNER, VA, February 21, 2019 — Steve Harris, senior vice president and general manager of Dell EMC‘s federal business, has said emerging technology trends such as artificial intelligence, software-defined network infrastructure and the internet of things are key drivers of information technology modernization in the federal government, ExecutiveBiz reported …

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UTC-Rockwell Collins Merger: New Financial Details Emerge

On Nov. 26th, United Technologies announced its move to split the company into three separate businesses following the completion of the $30B Rockwell Collins acquisition on Nov. 23rd. The move will combine UTC’s Pratt & Whitney and United Technologies Aerospace Systems with Rockwell Collins to form Collins Aerospace Systems. The …

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