November 1, 2019M&A Activity, NewsComments Off on PwC: Global Aerospace and Defense M&A Deal Value Reached $11.1B in Q3 2019
A new PwCreport says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018.
October 24, 2019Executive Moves, NewsComments Off on Roy Azevedo, Wesley Kremer to Serve as Presidents of Consolidated Raytheon Businesses Post-UTC Merger
Two presidents have been appointed to lead the Raytheon (NYSE: RTN) businesses that will be consolidated once the Waltham, Mass.-based defense contractor and United Technologies Corp. (NYSE: UTX) complete their merger.
October 14, 2019M&A Activity, NewsComments Off on Raytheon, UTC Shareholders OK All-Stock Merger Deal; Thomas Kennedy, Greg Hayes Quoted
Stockholders at Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) approved at their respective meetings the companies’ agreement to merge in an all-stock transaction and create a technology provider that will be known as Raytheon Technologies.
September 20, 2019Executive Moves, NewsComments Off on Nicolas Pujet Named Interim Tech, Engineering Lead at UTC
Nicolas Pujet, a corporate vice president and part of the strategy team at United Technologies Corp. (NYSE: UTX), will lead technology and engineering operations at UTC on an interim basis, Hartford Courant reported Wednesday.
July 26, 2019Financial Reports, NewsComments Off on PwC: Aerospace, Defense Sector Recorded $58.3B in Q2 2019 M&A Deal Value
A new PwCreport says the value of mergers and acquisitions in the global aerospace and defense industry was $58.3B in the second quarter of 2019 and the total deal value for year-to-date 2019 was $64.4B, increasing by 2.7x when compared with YTD 2018.