Tag Archives: ITT

White Plains, N.Y.-based technology company ITT (NYSE: ITT) has bought Matrix Composites, a Florida-based manufacturer of aircraft components, for approximately $29M. ITT said Monday the acquisition would expand the company's connect and control technologies business.

David Melcher, an aerospace and defense industry veteran, has been appointed by the board to serve as independent lead director at Cubic (NYSE: CUB).

Robert Sanders, a more than 20-year aerospace and defense industry veteran, has taken a new role as vice president of Ensco‘s avionics subsidiaries in the U.S. and Canada. Ensco said Tuesday Sanders will lead two businesses that offer avionics engineering products and services to the aerospace sector. He previously worked at Honeywell (NYSE: HON) …

Gus Bontzos, formerly vice president and general manager of Peraton’s former advanced solutions organization, has been appointed president of the Herndon, Virginia-based company’s defense and electronic warfare sector. The defense and electronic warfare is one of the two newly established sectors that will serve as Peraton’s research-and-development center and support work …

Facility and logistics services provider Vectrus (NYSE: VEC) will continue to prioritize information technology and network communications as areas of pursuit for potential growth as the company looks ahead to 2017, its newly-appointed CEO has told GovCon Wire. Colorado Springs-based government services contractor Vectrus has $1.5 billion in bids for new …

Ann Davidson, former senior vice president, chief legal officer and corporate secretary at Exelis, has joined L-3 Communications (NYSE: LLL) as SVP, general counsel and corporate secretary. Davidson will report to L-3 CEO Michael Strianese and succeed the retiring Steven Post, the New York City-based defense technology contractor said Monday. “Ann brings to …

David Melcher,  formerly CEO of defense technology manufacturer Exelis, will join the Aerospace Industries Association trade group as president and CEO on June 8, the AIA said Thursday. Melcher led McLean, Va.-based Exelis through its October 2011 spinoff from ITT Corp. (NYSE: ITT) into an independent company and May 2015 sale to …

Lockheed Martin (NYSE: LMT) will modernize Singapore’s F-16 Block 52 aircraft fleet after the State Department approved a potential $130 million foreign military sales agreement. The proposed FMS deal covers overhaul work on 60 F-16C/D/D+ planes and associated technology such joint helmet-mounted cueing systems, friend or foe devices, global positioning and inertial …

David Magnone has joined Capstone Corporation to provide technical vision and leadership across the company’s technology domains as Capstone’s chief technology officer. The more-than-30-year business, technology and engineering leader is also responsible for broadening Capstone’s offerings by introducing new innovative technology solutions into its services portfolio, the company said Tuesday. …

Mary Beth Gustafsson, formerly a general counsel, secretary and chief compliance officer at First Solar, has joined ITT Corp. (NYSE: ITT) as general counsel reporting directly to CEO Denise Ramos, ITT said Tuesday. The White Plains, N.Y.-based manufacturing company says Gustafsson will be part of the executive team and be in charge …