Sign In
Search
Business/Financial

Triumph Group To Acquire UTC’s Pump And Engine Control Systems Business

Defense Daily Staff Defense Daily Staff
SHARE:

Triumph Group [TGI] and United Technologies Corp. [UTX] on Friday said that Triumph has agreed to acquire the former Goodrich Corp. pump and engine control systems business from UTC, giving Triumph capabilities in a market that it doesn’t currently serve. Terms of the deal, which is expected to close in the first quarter of 2013, were not disclosed. Triumph said that the acquisition would add $195 million in annual sales and be immediately accretive to earnings. The Goodrich Pump and…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Anduril Ramping Up Undersea Drone Production Line Through 2027; Aims To Ready Extra Large Production Line By End of Year

Business/Financial

DoD Announces $264 Million In Industrial Base Support, Including Aussie Gallium Deal

Business/Financial

SAIC’s Earnings Dip In Second Quarter On Higher Taxes

Business/Financial

Pixxel Targets US Growth, New Sensing Tech With $100M Raise

Trending

Boeing Advances To Next Phase Of Army’s IFPC Inc. 2 Second Interceptor Competition
Army To Field Joint Laser Weapon System By July 2028, Pentagon’s Critical Tech Lead Says
Defense Startup Covenant Opens Dallas Site To Build Thousands Of Anthem Low-Cost Missiles
Northrop Grumman Test Flies Lumberjack One-Way Attack System With Magnet Navigation
Defense Watch: Polish Aerostats, Honeywell False Claims Act, Drone JV, Lockheed Martin Training Round

Congress Updates

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume