M&A Deal Summary |
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---|---|
Date | 2006-07-19 |
Target | Innovative Survivability Technologies |
Sector | Defense |
Buyer(s) | Textron |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 1923 |
Sector | Diversified |
Employees | 35,000 |
Revenue | 13.7B USD (2023) |
Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron conducts business through five operating segments: Cessna, Bell, Textron Systems and Industrial, and Finance. Cessna is a general aviation company with two principal lines of business: Aircraft sales and aftermarket services. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Textron Systems’ product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors and a variety of defense and aviation mission support products and services. Textron Industrial designs and manufactures a variety of products under three principal product lines, including Fuel Systems and Functional Components, Golf and Turf Care, and Powered Tools, Testing and Measurement Equipment. Textron Finance is a commercial finance business that consists of Textron Financial Corporation. Textron was founded in 1923 and is based in Providence, Rhode Island.
DEAL STATS | # |
---|---|
Overall | 38 of 48 |
Sector (Defense) | 1 of 3 |
Type (Add-on Acquisition) | 30 of 39 |
State (California) | 3 of 4 |
Country (United States) | 22 of 30 |
Year (2006) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2006-06-01 |
Acument Global Technologies
Sterling Heights, Michigan, United States Acument Global Technologies, Inc. is a provider of full-service fastening systems to customers in the aerospace, automotive, construction, electronics, industrial equipment and non-automotive transportation industries. |
Sell | $630M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-10-08 |
United Industrial
Hunt Valley, Maryland, United States United Industrial Corporation (AAI) is a manufacturer of drones as well as unmanned aircraft systems, aircraft and satellite test equipment, training systems, counter-sniper devices, armament systems, aviation ground support equipment, logistical and engineering services, and maintenance, repair and overhaul activities. |
Buy | $1.1B |