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Tag Archives: China

UTC Expects China’s Approval of Rockwell Collins Deal Within Weeks; Greg Hayes Quoted

United Technologies Corp. (NYSE: UTX) expects Chinese regulators to approve its planned $30B purchase of Rockwell Collins (NYSE: COL) within weeks, Reuters reported Tuesday. UTC CEO Greg Hayes said Tuesday in a conference call the company does not expect the U.S.-China political issues to have an impact on the deal citing UTC’s …

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DOJ Clears UTC’s $30B Purchase of Rockwell Collins

The Justice Department has given antitrust approval to United Technologies Corp. (NYSE: UTX) to pursue its approximately $30B acquisition of Rockwell Collins (NYSE: COL), Bloomberg reported Tuesday. UTC announced in September 2017 that it agreed to pay approximately $23B in cash and stock and assume $7B in net debt from the Cedar Rapids, …

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Executive Mosaic’s Weekly GovCon Round-Up: Top 10 Stories

Weekly Roundup July 2 – July 6, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Top 10 Stories Jim Garrettson, Executive Mosaic CEO Hope everyone’s 4th of July went well. Here are the Top 10 stories for this week. – Jim THIS WEEK’S TOP 10 NEWS STORIES …

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Intel Capital Makes $60M Investment to Support 15 Tech Startups

TYSONS CORNER, VA, Oct. 24, 2017 — Intel‘s (Nasdaq: INTC) investment arm has placed more than $60 million in funds to support 15 startups as they work to develop cybersecurity, analytics, machine learning, artificial intelligence and autonomous technologies, ExecutiveBiz reported Monday. The company said Thursday the startups from Canada, China, Israel, Japan …

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Leidos CEO Roger Krone Backs White House Effort to Halt IP Theft

TYSONS CORNER, VA, Aug. 22, 2017 — Leidos (NYSE: LDOS) CEO Roger Krone has expressed his support for the administration’s move to grant the U.S. trade representative authority to call for a possible investigation into China’s trade practices and alleged theft of U.S. intellectual property, ExecutiveBiz reported Wednesday. “Safeguarding our intellectual property …

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China: We are ‘Ready to Mass Produce’ Reaper-Like CH-5 Drone

China announced it is ready to mass produce the Cai Hong 5 (Rainbow 5, or CH-5,) a strike-capable, Reaper-like unmanned aerial vehicle (UAV,) according to Ou Zhongming, project manager at the Beijing-based China Academy of Aerospace Aerodynamics. The CH-5 outperforms all other Chinese-drones when it comes to operational endurance and payload …

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US Bombers Flyover Contested South China Sea

Two U.S B-1 Lancer bombers from Guam flew over the contested South China Sea Thursday, the U.S. Air Force confirmed Friday. The U.S. flyover asserts its “freedom of navigation” rights and challenges China’s claims to almost the whole waterway, Reuters reported. Chinese Foreign Ministry spokesman Geng Shuang said the country …

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Congressman: Russia is Greatest Cyber-Security Threat to U.S.

Hackers from Russia are America’s greatest cyber-threat, said Rep. Dutch Ruppersburger (D-Md.) Addressing the 2017 Digital Nation Summit, the Maryland congressman whose district is home to the National Security Agency, said that cyber-security threats from Russia are keeping him awake at night. “I mean, we have to always look at China, …

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Executive Mosaic’s Weekly GovCon Round-up: Cybersecurity, China, NIST and More

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup June 12 – June 16 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many agencies, companies, organizations and individuals were caught off-guard by the recent rise in cyber …

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Experts Warn Lawmakers of Increasing China Cyber Espionage Attacks

Experts at a Senate Committee on Foreign Relations hearing warned lawmakers Tuesday that Chinese government hackers appear to be once again targeting private U.S. companies and organizations. “Anecdotally,” there appears to be a re-emergence of economic-related espionage by Chinese hackers, reported Samantha Ravich, an adviser to D.C.-based think tank the Foundation for Defense of Democracies. …

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