Tag Archives: Cobham

The U.K. government is likely to approve a deal for Advent International to acquire aerospace and defense contractor Cobham after the Boston-based private equity firm proposed several measures to address potential national security risks from the combination, Reuters reported Tuesday.

Sanjay Parthasarathy, a more than 25-year business development professional, has joined Leidos’ (NYSE: LDOS) defense group as vice president of business development and strategy for logistics and mission support operation.

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018.

Advent International has secured regulatory approval in the U.S., European Union and Finland for the Boston-based private equity firm's proposed $5B acquisition of U.K.-based aerospace and defense technology supplier Cobham, Reuters reported Tuesday.

Private equity firm Advent International has agreed to pay approximately $4.99B, including debt, for U.K.-based aerospace and defense contractor Cobham, Financial Times reported Wednesday. The price of the deal represents a premium of nearly 35 percent over the Wednesday closing stock price of Cobham.

Thomas Casale, former president of L3 Technologies' radome manufacturing business, has joined Cobham as vice president and general manager of communications, navigation and identification and interconnect solutions unit. He will lead the business area that operates within Cobham's advanced electronic solutions sector and brings 30 years of radiofrequency and microwave industry experience to his new role, the company said Monday.

Executive Mosaic will host Potomac Officers Club’s 2019 Secure Supply Chain Forum on July 18th. The forum will feature Kristen Baldwin, deputy director of strategic technology protection and exploitation with the Department of Defense, as the keynote speaker. Don’t wait to register.  The forum will also feature an expert panel …

Shawn Black, chief operating officer of Cobham’s U.S.-based advanced electronic solutions sector, has been promoted to serve as president of the same business beginning on July 1.

Jim Garrettson, founder and CEO of Executive Mosaic, presented Bernie Elero, senior vice president of Business Development and Capture Management for AECOM’s Intelligence Community Solutions Business Unit, the Chairman’s Award for completing his third year as the chairman of the Intel Group for Executive Mosaic’s 4×24 program. Elero joined AECOM …

Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin’s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, …