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.
Read More »Sanjay Parthasarathy Named Business Dev’t, Strategy VP Within Leidos Defense Group
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.
Read More »PwC: Global Aerospace and Defense M&A Deal Value Reached $11.1B in Q3 2019
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.
Read More »US, EU, Finland OK Advent International’s Acquisition of Cobham
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.
Read More »Advent International to Acquire Cobham for $5B
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.
Read More »Former L3 Exec Thomas Casale Appointed Cobham CNI & Interconnect Solutions Business Head
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.
Read More »POC Hosting 2019 Secure Supply Chain Forum on July 18th, Big News for John Vollmer and AECOM & Weekly Top 10 Stories
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 …
Read More »Shawn Black Promoted to Cobham Advanced Electronic Solutions Sector President
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.
Read More »Bernie Elero, SVP of Business Development and Capture Management for AECOM, Receives 4×24 Chairman’s Award
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 …
Read More »Robert Lightfoot to Join Lockheed’s Space Business as Strategy, BD VP; Rick Ambrose Quoted
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, …
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