Hello, Guest!
  • Friday, November 22, 2024
Mike Madsen President and CEO Honeywell Aerospace

Honeywell Buys Thermal, Energy Mgmt Provider Rocky Research; Mike Madsen Quoted

Honeywell (NYSE: HON) has purchased Rocky Research in a deal of an undisclosed sum that adds thermal, energy and power management platforms to the Charlotte, North Carolina-based industrial conglomerate's aerospace segment.

Uwe Rockenfeller — owner, president and CEO of Rocky Research — will retain his president title following the integration and the firm's headquarters in Boulder City, Nevada, will be the research-and-development center of the combined company, Honeywell said Wednesday.

The acquired entity previously helped the U.S. Army deploy power and thermal management equipment.

Mike Madsen, president and CEO of Honeywell Aerospace, said the company made the acquisition to help customers address cooling requirements for manned and unmanned vehicles.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights