Smiths Aerospace

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• SMITHS AEROSPACE AWARDED CONTRACT FOR 480-GALLON EXTERNAL FUEL TANKS

  - 2008-02-12

  Smiths Aerospace Mechanical Systems Santa Ana, Inc., Santa Ana, Calif., is being awarded a $13,616,078 modification to a previously awarded firm-fixed-price contract (N00421-00-C-0433) for the procurement of 210 each 480-gallon external fuel tanks for F/A-18E/ F aircraft for the Navy and the government of Australia.Work will be performed in...

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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...

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

• Proposed acquisition by General Electric of Smiths Aerospace - Ian Mccartney accepts undertakings.

  - 2007-05-01

  M2 PRESSWIRE-1 May 2007-UK Government: Proposed acquisition by General Electric of Smiths Aerospace - Ian Mccartney accepts undertakingsC1994-2007 M2 COMMUNICATIONS LTD RDATE:01052007 Ian McCartney, Minister for Trade, Investment and Foreign Affairs announced today that he has accepted undertakings instead of referring...

  Tags: General Electric Co., Smiths Aerospace

• U.K. Trade Minister Declines To Refer GE, Smiths Deal To Competition Commission

  - 2007-04-16

  Britain's Trade Minister Ian McCartney last Friday said he would accept a proposal by General Electric [GE] and Smiths Group to protect classified information and technology, as well as the strategic capabilities Smiths has in weapons platforms for the United Kingdom, rather than refer the pending merger...

  Tags: Competition Commission, General Electric Co., Smiths Aerospace

• Smiths Aerospace

  - 2007-03-22

  Smiths Aerospace has officially opened a Development Centre in Chennai, India with partner HCL Technologies. The development centre is the result of an agreement between Smiths Aerospace and HCL Technologies that was signed on December 20, 2006. Under the agreement HCL will provide the resources and management at the centre...

  Tags: HCL Technologies, Smiths Aerospace

• 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...

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

• OFT probe ordered into Smiths-GE deal

  - 2007-03-21

  The Government intervened yesterday in the [pound]2.45bn sale of the Smiths aerospace business to General Electric of the US, ordering an investigation into the deal on national security grounds. Ian McCartney, the minister for Trade, Investment and Foreign Affairs, said he had asked the Office of Fair...

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• U.K. Office To Review Proposed GE Deal For Smiths Aerospace

  - 2007-03-21

  The United Kingdom's Office of Fair Trading OFT yesterday said it will review the pending $4.8 billion acquisition by General Electric [GE] of Smiths Aerospace, which is part of Britain's Smiths Group. The deal is already being investigated by the European Commission EC to see if...

  Tags: General Electric Co., Smiths Aerospace

• 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...

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

• 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...

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