CommercialBoeing to Spend $4B Acquiring Parts Distributor KLX Inc Boeing has entered a definitive agreement to acquire KLX Inc. for $4.25 billion to enhance its growing services business. Boeing's acquisition of KLX Inc. will include the latter's Aerospace Solutions Group and is…
MilitaryNorthrop Grumman Gets OK from EU to Acquire Orbital ATK The European Commission has approved Northrop Grumman's acquisition of aerospace and defense manufacturer Orbital ATK. Virginia-based Northrop Grumman first proposed the $9.2 billion transaction last September. U.S. Federal Trade Commission approval, which…
Embedded AvionicsVIAVI to Acquire Cobham's Avionics Testing Division VIAVI Solutions will purchase Cobham’s wireless test and measurement and AvComm connectivity branches for $455 million. Both company’s boards have approved the sale, which is expected to close later this year pending…
Embedded AvionicsRockwell Collins Shareholders Cast Vote for UTC Takeover Rockwell Collins shareholders “overwhelmingly” want United Technologies Corporation (UTC) to acquire Rockwell Collins. The company said Thursday that more than 96% of all votes cast — which represents more than 72% of…
Business & GAChina's Wanfeng Completes Takeover of Diamond Aircraft Group China’s Wanfeng Aviation Industry Co. Ltd. has added Diamond Aircraft Group to its portfolio. The acquisition was completed at the end of 2017. “Diamond is my life’s work. In the interest of…
Commercial10 Significant Aviation Investments, Mergers, Acquisitions in 2017 Last year in 2016, Global Eagle Entertainment completed a $550 million acquisition of Emerging Markets Communications, Rockwell Collins announced intent to acquire B/E Aerospace for $6.4 billion and Alaska Air Group announced…
ConnectivityAstronics to Expand In-Flight Connectivity Portfolio with $104M Acquisition By the end of the year Telefonix Inc. and related company Product Development Technologies LLC could have a new parent company. Astronics Corp. is planning a move — worth $104 million —…
MilitaryOrbital ATK to Become a Northrop Grumman Business for $9B In another multi-billion-dollar aerospace acquisition, Northrop Grumman is set to buy Orbital ATK, Northrop Grumman said. For $9.2 billion, the acquisition is expected to close in the first half of next year.…
Embedded AvionicsSpeculation No More: Rockwell Collins Sold to United Technologies United Technologies Corp. (UTC) has acquired Rockwell Collins for an “implied” total equity value of $23 billion and a total transaction value of $30 billion, including Rockwell Collins’ net debt, Rockwell Collins…
Embedded AvionicsIs Rockwell Collins for Sale? United Technologies Corp. might be thinking about acquiring Rockwell Collins, according to a report from Bloomberg citing “people familiar with the matter.” According to the report, the deal is merely being deliberated, and…