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Tag: bae systems inc

Defense Contractors Ask Government to Backfill DoD Money Used to Cover COVID-19 ExpensesFinancial Reports

Defense Contractors Ask Government to Backfill DoD Money Used to Cover COVID-19 Expenses

The CEOs of eight defense contractors wrote separate letters to the White House and the Department of Defense saying that…
Ann Ackerson to Become BAE US Chief Procurement Officer in May; Tom Arseneault QuotedExecutive Moves

Ann Ackerson to Become BAE US Chief Procurement Officer in May; Tom Arseneault Quoted

Ann Ackerson, a more than three-decade supply chain management and procurement professional, will assume the role of global chief procurement…
UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes QuotedM&A Activity

UTC-Raytheon Merger Deal Set to Close Friday; Thomas Kennedy, Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) have set the closure date of their all-stock merger for Friday, April 3, after securing all the…
Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture RequirementM&A Activity

Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture Requirement

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through…
European Commission OKs UTC-Raytheon MergerM&A Activity

European Commission OKs UTC-Raytheon Merger

The European Commission approved United Technologies Corp.’s (NYSE: UTX) planned $121B merger with Raytheon (NYSE: RTN), Reuters reported Friday.
Ravi Ravichandran Named Intell & Security VP, CTO at BAE’s US Arm; Al Whitmore QuotedExecutive Moves

Ravi Ravichandran Named Intell & Security VP, CTO at BAE’s US Arm; Al Whitmore Quoted

Ravi Ravichandran, a technology industry veteran, has been appointed vice president and chief technology officer for the intelligence and security…
BAE’s US Arm to Buy Two Businesses From Raytheon, UTC’s Collins Aerospace; Jerry DeMuro QuotedM&A Activity

BAE’s US Arm to Buy Two Businesses From Raytheon, UTC’s Collins Aerospace; Jerry DeMuro Quoted

BAE Systems’ U.S. subsidiary has agreed to acquire two businesses that are being divested in order for United Technologies Corp.…
Tom Arseneault to Become BAE US CEO in April; Jerry DeMuro QuotedExecutive Moves

Tom Arseneault to Become BAE US CEO in April; Jerry DeMuro Quoted

Tom Arseneault, president and chief operating officer of BAE Systems’ U.S. subsidiary and a former Wash100 Award recipient, has been…
BAE Acquires Riptide Autonomous Solutions; Terry Crimmins QuotedM&A Activity

BAE Acquires Riptide Autonomous Solutions; Terry Crimmins Quoted

BAE Systems’ U.S. subsidiary has completed its purchase of Plymouth, Mass.-based unmanned underwater vehicle provider Riptide Autonomous Solutions for an…
BAE US COO Tom Arseneault Adds President Role; Jerry DeMuro QuotedExecutive Moves

BAE US COO Tom Arseneault Adds President Role; Jerry DeMuro Quoted

Tom Arseneault, chief operating officer of BAE Systems’ U.S. arm, has assumed additional duties as president of the subsidiary. He