Anthony “Toby” O’Brien, chief financial officer at Raytheon, said the company’s proposed merger with United Technologies Corp. seeks to create a new entity that has its business evenly split between defense and commercial work and between domestic and international areas, Defense One reported Thursday.
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Steve Timm Appointed Collins Aerospace Avionics Business Head
Steve Timm, a 22-year veteran of Rockwell Collins, has succeeded Kent Statler as president of the avionics business at Collins Aerospace, Air Transport World reported Friday.
Read More »Inmarsat, Collins Aerospace Form Inflight Internet Service Partnership
Inmarsat and Collins Aerospace have partnered to provide onboard Wi-Fi connectivity for aviation customers under a new value added reseller agreement. Under the deal, Collins Aerospace will resell the Jet ConneX service as part of its ARINCDirectSM offering to facilitate inflight internet and air-ground data transfer for business jet operators, Inmarsat said Thursday. ARINCDirect works to help …
Read More »Harris’ William Brown, Collins Aerospace’s Kelly Ortberg Named to AIA Board Leadership Posts
The Aerospace Industries Association has appointed Harris CEO William Brown as chairman of AIA’s board of governors and named Collins Aerospace CEO Kelly Ortberg as vice chairman. Harris said Monday Brown succeeds Thomas Kennedy, chairman and CEO of Raytheon, as board leader for its centennial year in 2019. “I look forward to advocating for key …
Read More »United Technologies to Add 35,000 Jobs; Invest $15B in R&D Through 2022
United Technologies has announced it will add 35,000 jobs and invest over $15 billion for research and development, as well as well as capital expenditures, in the United States through 2022. The company said Wednesday it also launched a new website www.utcinvestingintheusa.com aimed at highlighting UTC’s U.S. investments. These new investments are intended to …
Read More »Report: UTC in Talks with Multiple Bidders for Sikorsky
United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan …
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