Home / Tag Archives: aerospace and defense (page 2)

Tag Archives: aerospace and defense

TTM Inks $775M Cash Deal for Anaren to Expand Defense & Aerospace Electronics Portfolio

TTM Technologies (Nasdaq: TTMI) has agreed to buy East Syracuse, New York-based microwave microelectronics provider Anaren from private equity firm Veritas Capital for approximately $775 million cash. TTM said Sunday the deal will help expand its products portfolio through the addition of Anaren’s radio frequency subsystems and components for aerospace …

Read More »

PwC: US Aerospace & Defense Firms Spend More in R&D for 2017

TYSONS CORNER, VA, Nov. 20, 2017 — PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense …

Read More »

Lockheed Invests in AI Tech for ‘Intelligent’ Maintenance Support to Canada’s C-130Js

TYSONS CORNER, VA, July 20, 2017 — Lockheed Martin (NYSE: LMT) has placed a $1.1 million investment to help advance the development of an artificial intelligence tool that Canada-based contextere intends to support aerospace and defense maintenance personnel, ExecutiveBiz reported Wednesday. The intelligent personal agent will work to assist in field service, industrial inspection and maintenance, …

Read More »

Deloitte: Global A&D Revenues Reached $674B in 2016; Robin Lineberger Comments

TYSONS CORNER, VA, June 21, 2017 — Deloitte has said in a new report that revenue in the global aerospace and defense sector grew 2.4 percent to reach $674.4 billion in 2016 led by the European commercial and U.S. defense subsectors, ExecutiveBiz reported Friday. The company said Thursday revenue for the global defense subsector …

Read More »

Deloitte Reports 2016 Slowdown in US Aerospace & Defense Export Growth; Robin Lineberger Comments

TYSONS CORNER, VA, May 15, 2017 — A Deloitte study reports that U.S. aerospace and defense exports continue to grow but at a slower pace in 2016 compared to previous years due to a number of factors in the international market, ExecutiveBiz reported Friday. The company said Thursday A&D accounted for …

Read More »

TransDigm Buys Takata’s Aerospace & Defense Businesses for $90M

Cleveland-based aerospace components maker TransDigm Group (NYSE: TDG) has purchased Takata Corp.’s aerospace and defense businesses as well as related assets and liabilities for approximately $90 million cash. TransDigm said Wednesday the transaction covers Takata’s Schroth Safety Products and Takata Protection Systems businesses. Both businesses will operate under the name Schroth and focus on the design and …

Read More »

Veritas Capital Raises $3.6B for Future Investment in Midmarket Tech Companies

Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four months, could go to investments in sectors such …

Read More »

Robin Lineberger Adds Global, US Aerospace & Defense Leadership Roles at Deloitte

Robin Lineberger, lead client service partner for the aerospace and defense industry practice at Deloitte, has been named global and U.S. leader for the professional services firm’s A&D segment. He will succeed the retiring Tom Captain, a 36-year company veteran who is set to retire by the end of fiscal year 2017, …

Read More »

Deloitte: Global Aerospace & Defense Revenues to Grow 2% in 2017

A new Deloitte study forecasts the global aerospace and defense industry’s overall revenue to grow 2 percent in 2017. Tom Captain, Deloitte global aerospace and defense leader,  said Monday sales in the defense sub-sector could expand 3.2 percent this year after multi-year declines in revenue on growth in U.S. security spending and higher military …

Read More »

Jacobs Moves Global HQ to Dallas

TYSONS CORNER, VA, Oct. 26, 2016 — Jacobs Engineering Group (NYSE: JEC) has unveiled a new 100, 000-square-foot global corporate headquarters at the Harwood Center in Dallas, Texas, ExecutiveBiz reported Tuesday. The company said Monday the move from the previous headquarters in Pasadena, California, to the new office works to expand its presence in …

Read More »