Tag: divestiture

Christopher Kubasik: L3Harris Eyes Potential $7.5B Shareholder Return ProgramFinancial Report

Christopher Kubasik: L3Harris Eyes Potential $7.5B Shareholder Return Program

Christopher Kubasik, vice chairman, president and chief operating officer of L3Harris Technologies (NYSE: LHX), said the company plans to return
Christopher Kubasik: L3Harris to Continue Integration, Organic Growth EffortsM&A Activity

Christopher Kubasik: L3Harris to Continue Integration, Organic Growth Efforts

Christopher Kubasik, president and chief operating officer of L3Harris Technologies and a 2020 Wash100 Award winner, told the Washington Business Journal…
DOJ Issues Asset Divestiture Requirement for CPI-General Dynamics Satcom Tech DealM&A Activity

DOJ Issues Asset Divestiture Requirement for CPI-General Dynamics Satcom Tech Deal

The Department of Justice is requiring Communications & Power Industries to sell its ASC Signal Division subsidiary and related assets in…
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.
Corporate Dev’t Execs Say M&A Opportunities Could Emerge From Business Unit DivestituresM&A Activity

Corporate Dev’t Execs Say M&A Opportunities Could Emerge From Business Unit Divestitures

Executives from Leidos (NYSE: LDOS), ManTech International (Nasdaq: MANT), Parsons (NYSE: PSN) and Jacobs Engineering Group (NYSE: JEC) said they believe divestitures of smaller…
L3, Harris Target June 29 Closing Date for All-Stock Merger; Christopher Kubasik QuotedM&A Activity

L3, Harris Target June 29 Closing Date for All-Stock Merger; Christopher Kubasik Quoted

Harris (NYSE: HRS) and L3 Technologies (NYSE: LLL) set June 29, Saturday, as the closing date for their all-stock merger deal…
McAleese & Associates: L3, Harris to Spend 4% of Combined Sales on Independent R&DM&A Activity

McAleese & Associates: L3, Harris to Spend 4% of Combined Sales on Independent R&D

A McAleese & Associates report says the merged company of L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) would invest…
Triumph Group Refocuses Investment Strategy After Machining, Fabrication Business DivestituresM&A Activity

Triumph Group Refocuses Investment Strategy After Machining, Fabrication Business Divestitures

Arlington Capital Partners and NWI Holdings have respectively finalized their acquisitions of the fabrication and machining businesses from Triumph Group.
Baird’s Jean Stack: 2018 a Transformational Year for GovConM&A Activity

Baird’s Jean Stack: 2018 a Transformational Year for GovCon

Several top government contractors and industry experts attended Baird’s 2018 Government Services and Defense Conference. “2018 has been a transformational