Tag Archives: scott donnelly

Report: Defense Companies Plan Capital Expenditures Amid Rise in DoD Contracts

Some contractors have expressed plans to increase their investments in production capacity and facilities in fiscal year 2018 and in the next few years as the Defense Department starts to ramp up contract obligations, USNI News reported Wednesday. Jason Aiken, chief financial officer at General Dynamics (NYSE: GD), told analysts …

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Lisa Atherton Succeeds Ellen Lord as Textron Systems President, CEO

Lisa Atherton, formerly executive vice president of military business at Textron‘s (NYSE: TXT) Bell Helicopter subsidiary, has been appointed president and CEO of Textron Systems. She replaces Ellen Lord, who will be nominated by President Donald Trump as undersecretary of defense for acquisition, technology and logistics, Textron said Wednesday. “Lisa …

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Leidos’ Roger Krone Joins Board of Governors at Aerospace Industries Association

TYSONS CORNER, VA, Nov. 22, 2016 —  Aerospace Industries Association has elected Roger Krone, Leidos (NYSE: LDOS) chairman and CEO, to its executive board of governors for 2017, GovCon Executive reported Friday. Krone will join Boeing (NYSE: BA) CEO Dennis Muilenburg and Raytheon (NYSE: RTN) CEO Thomas Kennedy, who will respectively serve as …

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October 20 Market Close: GovCon Index Shows Small Decline for 2nd Straight Day, Textron Jumps as HII & Primes Weigh

Executive Mosaic’s GovCon Index closed slightly down for a second consecutive session Thursday as notable gains by Textron (NYSE: TXT) after third quarter earnings and CACI International (NYSE: CACI) were offset by declines in Huntington Ingalls Industries (NYSE: HII) and other large prime contractors. GovCon Index laggers outnumbered advancers at a 3-to-1 ratio …

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Mitch Snyder Named Bell Helicopter President, CEO; Scott Donnelly Comments

Mitch Snyder, formerly executive vice president of military business at Bell Helicopter, has been named president and CEO of the Textron (NYSE: TXT) subsidiary. He will succeed John Garrison, who moved to Terex Corp. (NYSE: TEX) as president and CEO, Textron said Thursday. Snyder previously led Bell Helicopter’s government business …

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Textron Acquires Beechcraft for $1.4B; Scott Donnelly Comments

Textron (NYSE:TXT) has formed a new aviation segment following the acquisition of Beechcraft’s parent company Beech Holdings LLC for nearly $1.4 billion in cash. Scott Ernest, formerly president and CEO of Textron’s Cessna business, has been appointed CEO of Textron Aviation, which combines the Beechcraft and Cessna businesses, Textron said Friday. …

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Textron to Buy Beechcraft Corp. for $1.4B Cash; Scott Donnelly Comments

Textron (NYSE: TXT) has struck a deal to acquire all outstanding shares of the parent company of business and military aircraft manufacturer Beechcraft Corp. for $1.4 billion cash. Textron expects the Beech Holdings LLC purchase to close in the first half of 2014, pending regulatory approvals, and will will finance …

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Textron Promotes 29-Year Vet Ellen Lord to Systems Segment CEO; Scott Donnelly Comments

Textron (NYSE: TXT) has promoted Ellen Lord, senior vice president and general manager of the defense systems unit, to succeed the retiring Fred Strader as president and CEO of the systems segment. The company said she will report to Textron Chairman and CEO Scott Donnelly. Donnelly credited Strader with leading …

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