Smiths Aerospace

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• GE Completes Acquisition of Smiths Aerospace

  - 2007-05-07

  General Electric [GE] on Friday completed its $4.8 billion acquisition of Smiths Aerospace from Britain's Smiths Group, allowing the company to realize its goal of moving its aerospace business beyond engine work. Smiths Aerospace, which had $2.4 billion in sales last year, supplies cockpit avionics, electrical...

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• GE to acquire Smiths Aerospace, form detection JV

  - 2007-03-22

  GE has agreed to purchase Smiths Aerospace, a U.K.-based supplier of integrated systems for aircraft manufacturers and components for engine builders, for $4.8 billion (2.45 billion [pounds sterling]) in cash. The deal is subject to approval by Smiths Group shareowners as well as customary regulatory reviews. Following the sale, the...

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• GE's Proposed Deal For Smiths Aerospace Gets Warm Response

  - 2007-01-17

  By Calvin Biesecker Wall Street analysts are generally applauding General Electric's [GE] proposed $4.8 billion cash deal for the Aerospace division of Britain's Smiths Group, despite the relatively high price versus future earnings given that GE will have an opportunity to improve profit margins in the...

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• GE buys Smiths aerospace division for [pound]2.5bn

  - 2007-01-16

  Smiths Group, the engineering company, became the latest UK business to sell out to an overseas buyer yesterday by agreeing to dispose of its aerospace division to the giant US conglomerate General Electric for [pound]2.45bn. Most of the cash will be returned to shareholders. In an associated...

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• GE To Buy Smiths Aerospace For $4.8 Billion Cash, Plans To Create Joint Venture Global Detection Business With Smiths Group. [NYSE:GE].

  - 2007-01-15

  M2 PRESSWIRE-15 January 2007-WorldTradeStocks.com: GE To Buy Smiths Aerospace For $4.8 Billion Cash, Plans To Create Joint Venture Global Detection Business With Smiths Group. [NYSE:GE]C1994-2007 M2 COMMUNICATIONS LTD RDATE:15012007 NEW YORK, WORLDTRADESTOCKS.COM - GE Announces Agreement To Buy Smiths Aerospace...

  Tags: General Electric Co., Smiths Aerospace, Smiths Group Plc.

• GE to acquire Smiths Aerospace for $4.8 billion

  - 2007-01-14

  LONDON AFP — General Electric has reached an agreement to buy Smiths Aerospace, a British supplier to aircraft manufacturers, for 4.8 billion dollars (3.7 billion euros) in cash, the two companies have said. Smiths Aerospace said it would return 2.1 billion pounds (3.2 billion euros, 4.1 billion dollars) to shareholders...

  Tags: General Electric Co., Smiths Aerospace, Smiths Group Plc.

• Smiths Aerospace Systems on F-35 Lightning II Joint Strike Fighter First Flight

  - 2006-12-15

  GRAND RAPIDS, Mich. -- SMITHS Aerospace, part of the global technology business Smiths Group, played a key role in providing aerospace systems for Lockheed Martin's successful first flight of the F-35 Lightning II Joint Strike Fighter aircraft today. Smiths Aerospace provides important systems to the aircraft including the electrical...

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• Smiths Aerospace Delivers F-35 JSF Technology for First Flight; Safety of Flight Certification Secured

  - 2006-07-17

  FARNBOROUGH, U.K. -- - Smiths Aerospace completes safety of flight testing for the Standby Flight Display SFD and Remote Input/Output RIO equipment and delivers hardware for the Joint Striker Fighter JSF F-35 first flight. Final flight certification is planned by the end of July. The hardware is being delivered from...

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• Smiths Receives Eurofighter Tranche 2 Orders Worth $180m

  - 2005-06-13

  LE BOURGET, France -- Smiths Aerospace recently received orders for Eurofighter Tranche 2 equipment worth more than $180 million (GBP 100 million). Smiths is one of the largest suppliers to the programme outside of the partner companies, providing avionics, utilities, engine components and hydraulic systems. Delivery for the 236 Tranche...

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• Reshaping Smiths for growth and profit: a string of disposals and acquisitions have resulted in a refocused company … with a 500 million [pounds sterling] cash pile

  - 2004-06-22

  Fashionably-focused engineering and technology growth group or disparate conglomerate going nowhere fast? The jury may still be out as far as the bright boys in the City are concerned, but Smiths Group sees itself as firmly belonging to the former category. CEO Keith Butler-Wheelhouse points to market-leading businesses with major...

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