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Tag Archives: aerospace

UTC Inks $30B Deal for Rockwell Collins in Aerospace Market Push; Greg Hayes Comments

United Technologies Corp. (NYSE: UTX) has agreed to purchase Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) through an estimated $30 billion transaction in a move to establish a new aerospace systems supplier that will work to meet the evolving needs of global clients. Farmington, Connecticut-based conglomerate UTC said Monday it will pay …

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Infoscitex Lands $70M USAF Aerospace System R&D Contract Modification

The U.S. Air Force has awarded Infoscitex a four-year, $70 million contract modification to support the military branch’s aerospace technology and simulation-based research and development efforts. Infoscitex will provide R&D services in areas such as flight control laws, cooperative control autonomy, vehicle integrity management and automation, the Defense Department said Tuesday. The company …

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Bastion Technologies Awarded $268M NASA Facility Safety, Mission Assurance Contract

Bastion Technologies has received a potential eight-year, $267.5 million contract to perform safety and mission assurance support at NASA‘s Huntsville, Alabama-based Marshall Space Flight Center. NASA said Saturday the company will also provide technical and engineering services to MSFC’s safety and mission assurance directorate, the Stennis Space Center Mississippi and the Michoud Assembly Facility in Louisiana. …

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Former Leidos VP Wendy Van Wickle Joins Parsons as EVP for Federal Unit’s Logistics, Training Division

Wendy Van Wickle, former vice president of ground operations and logistics at Leidos (NYSE: LDOS), has been named executive VP for the logistics and training division within Parsons‘ federal business unit. Parsons said Monday the more than 25-year aerospace and defense industry veteran will oversee the division’s operational performance, strategy and profit-and-loss functions. “Wendy’s …

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February 9 Market Close: GovCon Index, US Stocks Lift After Trump Tax Policy Hint

Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by …

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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 …

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Lockheed Continues Mentorship of Accurate Machine and Tool

TYSONS CORNER, VA, Jan. 13, 2017 — Lockheed Martin (NYSE: LMT) continues to mentor Accurate Machine and Tool under the Defense Department‘s Mentor-Protege Program to develop the small business’ efforts to support more customers and pursue opportunities in the public sector as a prime contractor, ExecutiveBiz reported Thursday. Lockheed said Wednesday it received a three-year …

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Boeing, Partners to Support Development of Multipurpose Robotic Platform for Air Force

TYSONS CORNER, VA, Dec. 16, 2016 — A team comprised of Boeing (NYSE: BA), Southwest Research Institute and the National Center for Defense Manufacturing and Machining has received a four-year, $6.7 million contract from the U.S. Air Force to assist in the development of a robotic technology, ExecutiveBiz reported Thursday. SwRI said Wednesday the Air …

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Former Honeywell Defense & Space Chief Carey Smith Joins Parsons as Federal Unit Head

Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser after …

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Mercury to Purchase CES for $38M in Defense Tech & C4I Market Strategy

Defense technology manufacturer Mercury Systems (Nasdaq: MRCY) has agreed to purchase Switzerland-based military and aerospace computing company CES Creative Electronic Systems for $38 million to add new avionics and platform management products. Chelmsford, Mass.-based Mercury said Thursday it expects to close the transaction by the end of this year and will fund the deal with cash on …

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