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.
Read More »Collins Aerospace Awarded $310M to Produce Cross-Platform Radios for US, Int’l Clients
United Technologies Corp.'s (NYSE: UTX) Collins Aerospace business has received a three-year, $310.5M contract modification to supply more than 400 radio systems to U.S. and foreign military customers.
Read More »Collins Aerospace Awarded $310M to Produce Cross-Platform Radios for US, Int’l Clients
United Technologies Corp.'s (NYSE: UTX) Collins Aerospace business has received a three-year, $310.5M contract modification to supply more than 400 radio systems to U.S. and foreign military customers.
Read More »UTC Names Judy Marks, David Gitlin as CEOs of Future Independent Firms Otis, Carrier
United Technologies Corp. (NYSE: UTX) has appointed Judith Marks, president of Otis since 2017 and a three-time Wash100 winner, as CEO of UTC’s elevators manufacturing subsidiary. Marks previously served as CEO of Siemens USA and head of the industrial conglomerate’s Dresser-Rand business. She also held senior leadership positions at Lockheed Martin (NYSE: LMT) and IBM (NYSE: IBM).
Read More »Mark Schmaltz, Michael Maughan, Kenneth Lowe Named to VP Roles at Cubic’s Defense Business
Cubic‘s (NYSE: CUB) defense business has named three executives to vice president roles to oversee digital product innovation, growth efforts and revenue streams. Mark Schmaltz, a business and program management executive, has joined Cubic as VP and general manager of the newly created synthetic and digital solutions business line, the …
Read More »Executive Mosaic Launching 2019 GovConIndex, Names 30 Basket Stocks to Track Industry
Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year’s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in …
Read More »UTC-Rockwell Collins Merger: New Financial Details Emerge
On Nov. 26th, United Technologies announced its move to split the company into three separate businesses following the completion of the $30B Rockwell Collins acquisition on Nov. 23rd. The move will combine UTC’s Pratt & Whitney and United Technologies Aerospace Systems with Rockwell Collins to form Collins Aerospace Systems. The …
Read More »UTC to Split Into Three Firms After Rockwell Collins Deal Completion; Greg Hayes Quoted
United Technologies Corp. (NYSE: UTX) has announced plans to divide into three independent companies after it completed its $30B purchase of Rockwell Collins (NYSE: COL). UTC said Monday it will combine its aerospace systems business with Rockwell Collins to form Collins Aerospace Systems and expects the transaction to be $0.15 to $0.20 …
Read More »UTC-Rockwell Collins Deal Gets Final Regulatory Clearance
Chinese regulators have given United Technologies Corp. (NYSE: UTX) the green light to pursue its planned $30B acquisition of Rockwell Collins (NYSE: COL). UTC said Friday the approval marks the final regulatory clearance the company needed to complete its purchase of the Cedar Rapids, Iowa-based avionics contractor. Farmington, Conn.-based conglomerate UTC agreed …
Read More »UTC Expects China’s Approval of Rockwell Collins Deal Within Weeks; Greg Hayes Quoted
United Technologies Corp. (NYSE: UTX) expects Chinese regulators to approve its planned $30B purchase of Rockwell Collins (NYSE: COL) within weeks, Reuters reported Tuesday. UTC CEO Greg Hayes said Tuesday in a conference call the company does not expect the U.S.-China political issues to have an impact on the deal citing UTC’s …
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