United Technologies Corp.’s proposed $30 billion acquisition of Rockwell Collins will create an unparalleled aerospace supplier, marrying the latter’s avionics and cabin interiors business with UTC Aerospace Systems, and with engine maker Pratt & Whitney not far apart.
British manufacturer Senior is considering selling its aerostructures business, the company has confirmed.
Leidos, a heavyweight government services provider, has throttled up its rivalry with defense primes L3Harris Technologies and Raytheon for providing support work to the FAA.
C4ISR and defense training provider Cubic saw its publicly traded shares lose around 20% in price Nov. 21, the day after the company forecast fiscal 2020 expectations that were softer than Wall Street expected.
Many small suppliers announced executive changes and overhauls in their latest quarterly reports. “It’s turned out to be a year of restructuring,” says one.
Questions remain about frictionless, delay-free border controls between Britain and EU post-Brexit.