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Tag Archives: nyse hon

NASA Awards $450M IDIQ for Space, Earth Systems and Operations Support

NASA has awarded a maximum $450 million indefinite-delivery/indefinite-quantity contract to support earth and space science missions and ground work at the Goddard Space Flight Center in Greenbelt, Md. Work will include concept study, formulation development, sustaining engineering and decommissioning. The award also provides for the design, integration and testing of ground systems …

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Honeywell Completes Tender Offer for EMS Technologies, On Door Step of Completing Acquisition

Honeywell‘s (NYSE: HON) wholly-owned subsidiary Egret Acquisition Corp. has completed its tender offer for all shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), for $33.00 per share, or $491 million. EMS provides connectivity solutions for mobile networks and satellite communcations. The offer’s expiration on Friday, Aug. 15, 2011 meant …

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Army Awards $141M Computer and Sensor Navigational Units Contract to Honeywell

The U.S. Army has awarded a $141.2 million firm-fixed-price contract for inertial navigational units. Units for the Bradley, Knight, Howitzer and other end items will be provided by Honeywell (NYSE: HON). One bid was solicited, with one bid received. Work will be performed in Clearwater, Fla., with an estimated completion date of July 30, …

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Honeywell Has Full Approval to Acquire EMS Technologies, Tender Offer Expires This Week

Honeywell (NYSE: HON) has received all the regulatory approvals required for its Egret Acquisition Corp. subsidiary to acquire EMS Technologies, Inc. (NASDAQ: ELMG) for $33.00 per share in cash. Honeywell received regulatory approval from the Federal Communications Commission on Aug. 15. It previously had received early termination of the waiting period under …

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Honeywell Clears Hurdles in Acquisition of EMS Technologies

Honeywell (NYSE: HON) has satisfied two closing conditions of its wholly-owned subsidiary Egret Acquisition Corp.’s cash tender offer to purchase all the outstanding shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG). The company received early termination of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976. Honeywell …

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General Dynamics Added to $1.33B Defense Contract

General Dynamics (NYSE: GD) has been added to a $1.33 billion Defense Department contract that will supply Egypt with 125 armed Abram battle tanks. Thirty-five contractors will manage the production and fielding program in Egypt for up to three years. Honeywell International Inc. (NYSE: HON), which makes the tank engines, and Allison Transmission Inc. …

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Honeywell Joint Venture To Provide Eco-Friendly Aircraft Taxiing System

Honeywell (NYSE: HON) has signed a memorandum of understanding with French aerospace firm Safran to create a joint venture that will deliver an electric taxiing system for new and existing aircraft. The companies expect first delivery to be in 2016. The taxiing system will use aircrafts’ auxilliary generators and electric …

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Honeywell to Acquire EMS Technologies, Inc. for $491 Million Cash

Honeywell (NYSE: HON) has signed a definitive agreement to acquire EMS Technologies (NASDAQ: ELMG) for $33 per share, or approximately $491 million,  in cash. The purchase price is roughly 13 times EMS’ 2010 earnings before interest, taxes, depreciation and amortization. EMS Technologies provides connectivity solutions for networking, rugged mobile computers and satellite communications. …

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Honeywell Moves Forward with FAA Deal

Honeywell (NYSE: HON) picked up a $38 million, five-year contract with the Federal Aviation Administration “to maintain security systems at more than 1, 000 locations in the agency’s Air Traffic Organization Air Traffic Systems Branch.” “Maintaining critical security systems is a key component to protecting the safety of the national …

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Honeywell Snags DTRA Deal

According to the Department of Defense, “Honeywell (NYSE: HON) is being awarded a $8, 205, 351 indefinite-delivery/indefinite-quantity contract for instrumentation support.  Work will be performed at Albuquerque, N.M., and is expected to be completed Feb. 13 2016.  Contract funds will not expire at the end of the current fiscal year.  …

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