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Tag Archives: Avionics

Lockheed Gets $260M Modification on Greek P-3B Aircraft Modernization Contract

Lockheed Martin (NYSE: LMT) has received a potential $260 million contract modification from the U.S. Navy to help modernize four P-3B maritime patrol aircraft for the government of Greece. The Defense Department said Monday Lockheed’s aeronautics business unit will support phased depot maintenance as well as avionics and country-specific mission and management systems …

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Report: UTC Eyes Rockwell Collins Acquisition

United Technologies Corp. (NYSE: UTX) is exploring an acquisition of Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) as the global industrial conglomerate looks to further expand its aerospace business, Bloomberg reported Saturday. Sources familiar with the matter told Bloomberg it is yet unclear whether the two firms are in discussions over …

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Boeing Sets Up Avionics Business in Push for Tech Insourcing

TYSONS CORNER, VA, Aug. 2, 2017 — Boeing (NYSE: BA) has established a business unit that will work to produce aircraft controls and electronics systems in efforts to drive technology insourcing, ExecutiveBiz reported Tuesday. Fox Business reported Monday the new Boeing Avionics organization will target the market for commercial and military aircraft …

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Mercury Eyes Mission Computing Portfolio Expansion Via Richland Technologies Purchase

Mercury Systems (Nasdaq: MRCY) has purchased Duluth, Georgia-based Richland Technologies for an undisclosed sum in a move to grow processing subsystems offerings for aerospace and defense clients. Mercury said Wednesday it plans to keep RTL’s presence in Duluth and that the transaction complements its purchase of Switzerland-based military and aerospace …

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General Atomics Picks Rockwell Collins Avionics for SkyGuardian Ground Control Station

TYSONS CORNER, VA, June 23, 2017 — General Atomics has partnered with Rockwell Collins (NYSE: COL) for the latter to supply avionics systems for the ground control station of the MQ-9B SkyGuardian remotely piloted aircraft, ExecutiveBiz reported Thursday. Rockwell Collins said Wednesday its Pro Line Fusion technology will serve to reduce the workload …

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Harris to Supply Data Storage, Cockpit Display Tech for Lockheed Martin’s F-35

TYSONS CORNER, VA, June 20, 2017 — Lockheed Martin (NYSE: LMT) has tapped Harris (NYSE: HRS) to provide the Aircraft Memory System and Panoramic Cockpit Display Electronic Unit for the F-35 aircraft’s mission system avionics, ExecutiveBiz reported Monday. Harris said Monday its technologies will work to build on the fighter jet’s data storage, …

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L3 Gets FAA Supplemental Type Certification for AT-802L Digital Avionics, Cockpit

TYSONS CORNER, VA, June 19, 2017 — L3 Technologies (NYSE: LLL) has received a supplemental type certification from the Federal Aviation Administration for the company’s modified digital avionics and cockpit installed on the AT-802L Longsword aircraft, ExecutiveBiz reported Friday. The company said Thursday the cockpit features the Garmin G600 system, Electronic Standby Instrument System, a dual-screen display, an …

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Beechcraft to Replace Argentina’s Military Training Aircraft Under $88M Air Force FMS Contract

Textron‘s (NYSE: TXT) Beechcraft subsidiary has landed a one-year, $88.2 million “undefinitized” contract with the U.S. Air Force to build trainer aircraft and provide maintenance support and pilot training services for Argentina’s air force as part of a foreign military sales deal. The Defense Department said Tuesday Beechcraft will deliver four T-6C+ …

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Rockwell Collins Closes $8.6B B/E Aerospace Buy in Product Portfolio Diversification Push

Rockwell Collins (NYSE: COL) has wrapped up its purchase of airline cabin equipment provider B/E Aerospace (Nasdaq: BEAV) for approximately $8.6 billion in a push to diversify and expand its product portfolio and accelerate its global growth initiatives. The companies originally disclosed the $6.4 billion cash-and-stock transaction in October 2016 and Rockwell …

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Shareholders OK $6.4B Rockwell Collins-B/E Aerospace Deal

Shareholders at Rockwell Collins (NYSE: COL) and airline cabin equipment supplier B/E Aerospace (Nasdaq: BEAV) have approved a deal originally announced in October for Rockwell Collins to purchase B/E Aerospace for approximately $6.4 billion in cash and stock. The transaction was backed by more than 99 percent of Rockwell Collins shareholders and nearly 90 …

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