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Rockwell Collins Inc expands information management offerings with acquisition of Pacific Avionics

Monday, 23 Mar 2015 08:00am EDT

Rockwell Collins Inc:Says it has acquired Pacific Avionics Pty. Ltd.

AgJunction Inc to acquire Novariant; announces board changes

Monday, 16 Mar 2015 05:21pm EDT

AgJunction Inc:Enters into an agreement under which AgJunction has agreed to acquire Novariant through a merger transaction pursuant to which AgJunction will issue common shares to Novariant shareholders.Combined, the two companies establish a preeminent position in automated steering and machine control technologies worldwide, combining product portfolios and leveraging industry-leading intellectual property.Completion of the transaction is expected during the summer of 2015.Under terms of the Agreement, which has been unanimously approved by boards of directors of both companies, AgJunction shares will be issued to shareholders of Novariant in exchange for all of the shares of Novariant.Upon closing of the transaction, three Novariant directors will be appointed to the AgJunction board of directors.Current AgJunction Chairman Michael Lang will be appointed Vice Chairman.Jon Ladd will be Chairman of the Board.

Curtiss-Wright acquires Bolt's Metallizing Inc

Monday, 16 Mar 2015 04:15pm EDT

Curtiss-Wright:Acquired certain assets and liabilities of Bolt's Metallizing, Inc.Bolt's is a provider of thermal spray coatings for critical aerospace applications.Acquired business will operate within Curtiss-Wright's Commercial/Industrial segment and will be accretive immediately.

Air Industries Group announces completion of acquisition of Sterling Engineering Corp of Barkhamsted, CT

Tuesday, 10 Mar 2015 04:15pm EDT

Air Industries Group:Completes merger with The Sterling Engineering Corp (Sterling) of Barkhamsted, CT.

Hitachi to pay Finmeccanica 9.5 euros per Ansaldo share after div adjustment-Reuters

Friday, 6 Mar 2015 02:50pm EST

Finmeccanica SpA:Hitachi will pay Finmeccanica 9.5 euros for each share in the Italian firm's rail business Ansaldo STS after a dividend distribution adjustment to a previously agreed deal-Reuters.Last month, Finmeccanica agreed to sell its rail business to Hitachi as the Italian aerospace and defense group seeks to cut debt and focus on its core business.The companies agreed at the time that Hitachi would pay 9.65 euros for each Ansaldo STS share, but that figure will be adjusted after the board of Ansaldo proposed paying out a dividend on 2014 earnings of 0.15 euros a share.

PCTEL acquires Nexgen Wireless

Monday, 2 Mar 2015 06:30am EST

PCTEL Inc:Says it had the assets of Nexgen Wireless, Inc., a Schaumburg, Illinois-based company providing Meridian(tm), a network analysis tool portfolio, and engineering services.Nexgen's Meridian software product portfolio translates real-time network performance data into engineering actions that optimize operator performance.Paid $20.5 mln at the closing with an additional $2 mln in cash incentives for performance of the newly acquired software business.Wunderlich Securities, Inc. served as financial advisor to PCTEL on this transaction.

Engility Holdings Inc completes acquisition of TASC

Thursday, 26 Feb 2015 12:30pm EST

Engility Holdings Inc:Completes its acquisition of TASC, Inc. in an all-stock transaction valued at about $1.3 bln, including the assumption of net debt.Says this transaction creates a government services provider with a customer footprint that spans the federal services market.

TransDigm Group Inc to acquire Telair Cargo Group from AAR CORP

Monday, 23 Feb 2015 08:00am EST

TransDigm Group Inc:Says definitive agreement to purchase Telair Cargo Group of businesses (Telair) from AAR CORP.Purchase for total purchase price of about $725 mln in cash, subject to adjustment.Expects to finance acquisition through existing cash on hand and possible use of its existing revolving credit facility.Acquisition, which is expected to close within next sixty days, is subject to regulatory approvals and customary closing conditions.


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