Tag Archives: Collins Aerospace

EM’s Weekly Roundup: Accenture Invests $3B to Establish Cloud Division; Veritas/DXC Health Deal to Close Oct. 1st; SAIC Reorganizing Business Structure; LTG Bruce Crawford Joins Rubrik Advisory Board; Collins Aerospace Receives $317M Contract

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Eight Firms Win $1.2B in DLA Protective Gown Supply Contracts The Defense Logistics Agency has awarded eight companies one-year contracts worth potentially $1.2B combined to provide disposable gowns for the Strategic National Stockpile under the Department of Health and Human Services’ management. …

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Mike Knowles to Lead Cubic’s New Mission & Performance Solutions Segment

Mike Knowles President Cubic MPS Segment

Cubic (NYSE: CUB) has combined into a single business structure its mission solutions and global defense segments as part of a business realignment effort and appointed Mike Knowles, a senior vice president, as president of the newly formed Cubic Mission and Performance Solutions segment.

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BAE Closes Purchase of Collins Aerospace’s Military GPS Business

BAE Systems

BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.

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Report: BAE to Build $139M Defense Aerospace Facility in Iowa

BAE Systems

BAE Systems plans to develop a $139M classified facility in Cedar Rapids, Iowa, and create 650 jobs in the city, The Gazette reported Friday. Construction work on the proposed 200K-square-foot defense aerospace facility is expected to kick off by October and conclude by September 2022. Ryan Companies US will serve as the project’s developer.

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