Tag Archives: divestiture

Craig Cooning: Boeing Considers Cyber Business Divestitures to Focus on Market Niche

Boeing (NYSE: BA) is looking into a potential divestiture or reassignment of some portions of its cybersecurity business as the company aims to focus on other areas in its portfolio, Reuters reported Tuesday. Andrea Shalal reports that Boeing has secured classified cyber contracts with the government but faces a crowded market since …

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Erwin Bieber: BAE Eyes Portfolio Focus With Land Systems South Africa Divestiture

BAE Systems and DGD Technologies 2001 are planning to sell their holdings in the Land Systems South Africa defense company to Denel SOC, a state-owned aerospace and defense company in South Africa, for an estimated $80 million. BAE said Monday that Denel would own LSSA in its entirety as DGD proposed to sell its 25-percent …

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Rockwell Collins Sells Kaiser Optical Systems Subsidiary; Kelly Ortberg, Klaus Endress Comment

Rockwell Collins (NYSE: COL) has sold its Kaiser Optical Systems subsidiary to Endress+Hauser Holding for an undisclosed amount, Avionics Intelligence reported Saturday. Courtney Howard writes Kaiser Optical Systems, Rockwell Collins Government Systems’ avionics business unit, manufactures spectrographic instrumentation and applied holographic tools at sites in Ann Arbor, Michigan and Lyon, …

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CSC Selling Hardware, Software Reselling Unit For $90M; Mike Lawrie Comments

  Computer Sciences Corp. (NYSE: CSC) has agreed to sell its enterprise hardware and software reselling business to a Japan-based conglomerate for $90 million cash. CSC expects the transaction, its fourth divestiture within the last four months, to close in March 2013, the company said Wednesday. The Falls Church, Va.-based …

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CSC Selling Australian IT Staffing Unit for $73M; Mike Lawrie Comments

Computer Sciences Corp. (NYSE: CSC) has agreed to sell its Australia-based information technology staffing unit to a South African employment services firm for $73.5 million cash. The company expects to close its sale of Paxus to Adcorp by the end of January 2013 and CSC will continue working with Paxus to …

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