Blog » Archive by category 'Mergers & Acquisitions' (Page 2)

Industry Week in Review – June 20, 2014

The U.S. House of Representatives voted this week to block the Air Force’s plan to cut its entire A-10 fleet during deliberation on the FY2015 defense spending bill. The chamber approved the amendment, proposed by Rep. Candice Miller (R-Mich.), which would prohibit the Pentagon’s potential divestiture, retirement, transfer, storage, or cutting of any A-10 aircraft.

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Industry Week in Review – June 13, 2014

B/E Aerospace, Inc. announced plans this week to split its operations into two independent, publicly traded companies, currently titled “Manufacturing Company” and “Services Company”.

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Industry Week in Review – June 6, 2014

Bombardier suspended flight tests of its CSeries aircraft after a Pratt & Whitney PW1500G engine suffered an unspecified failure during ground runs at the Mirabel, Quebec site last week. This recent failure adds unwelcome pressure to the already delayed CSeries flight-test-effort.

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Industry Week in Review – May 30, 2014

President Obama announced this week that the U.S. plans for approximately 9,800 American troops to remain in Afghanistan in 2015, following the scheduled completion of combat operations in the country this year.

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Industry Week in Review – May 23, 2014

Airbus confirmed this week it plans to increase seating on its A320 aircraft from 180 to 186 seats, while maximum capacity on A321 aircraft will increase from 220 to 240 seats. Although full details will not be revealed until next month, the European Aviation Safety Agency also confirmed Airbus’ “process for significant modification” has already started.

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Big Data Spending and M&A Activity on the Rise

On May 6 at the C4ISR & Networks Conference in Arlington, VA, Deltek’s principal research analyst, Alex Rossino, discussed an improving spending environment for Big Data services and technologies in 2016 and beyond, despite broader sequestration effects across all areas of the Federal budget.

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Industry Week in Review – May 16, 2014

International competition between the aerospace giants, Airbus and Boeing, continues to heat up as both companies secured multi-billion dollar orders in China this week. China Southern Airlines Company announced an order of 50 Airbus A320neo aircraft, as well as 30 A320 jets, with a combined order value of approximately $7.3 billion.

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Industry Week in Review – May 9, 2014

The House Armed Services Committee (“HASC”) unanimously approved a measure that would authorize just over $600 billion in defense spending for the 2015 fiscal year. The HASC’s version of the 2015 National Defense Authorization Act includes the Pentagon’s previously requested $495.8 billion base budget, as well as $79.4 billion for Overseas Contingency Operations (“OCO”).

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