Business

January 18, 2013

Business briefs – January 18, 2013

Raytheon establishes Global Business Services group

Raytheon has established a new Global Business Services (GBS) group to build on the success of its well-instituted enterprise efficiency initiatives by applying proven service delivery practices more broadly across the company.

Raytheon GBS brings together best practices of the company’s supply chain management, finance, information technology and human resources functions to drive increased satisfaction among internal and external customers. The group will be led by Rebecca Rhoads, who continues to serve as Raytheon’s vice president and chief information officer.

“Global Business Services will leverage Raytheon systems across the company to enable simplified processes and increase operational speed and agility, while providing value to internal and external customers,” said William H. Swanson, chairman and CE. “Rebecca is uniquely qualified to lead this new group, having successfully led diverse teams dealing with the integration of complex capabilities and platforms across our company.”

 

 

United Technologies to sell Pump and Engine Control Systems unit

United Technologies Corp. announced Jan. 18 it has reached agreement to sell the former Goodrich Corporation pump and engine control systems business to Triumph Group, Inc.

The transaction is subject to regulatory approvals and customary closing conditions. Closing is expected in the first quarter of 2013.

Sale of the pump and engine control systems unit was one of the divestitures required by regulatory authorities as a condition of UTC’s acquisition of Goodrich Corporation.

United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries.

 

General Dynamics receives $13 million Navy award for Common Missile Compartment development

The U.S. Navy has awarded General Dynamics Electric Boat a $12.8 million contract modification for the continued development of the Common Missile Compartment for the U.S. Ohio Replacement Program and the United Kingdom’s Successor ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.

Under the modification, Electric Boat will procure prototype material and equipment to be used in the production of the Common Missile Compartment.

The award modifies a $76 million contract announced in December 2008 for engineering, technical services, concept studies and design of a Common Missile Compartment for the next-generation ballistic missile submarines being developed for the U.S. Navy and the Royal Navy. This modification brings the total amount awarded under the contract to more than $770 million.

This work will engage Electric Boat’s engineering and design organization, which comprises more than 4,000 employees. Possessing proven technical capabilities, these employees work on all facets of the submarine life cycle from concept formulation and design through construction, maintenance and modernization, and eventually to inactivation and disposal.

 




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