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Saturday, August 27, 2016

Transport / Logistics Channel

Image - LM Successfully Closes Transaction with Leidos

LM Successfully Closes Transaction with Leidos

Lockheed Martin (NYSE: LMT) has completed the separation of its Information Systems & Global Solutions (IS&GS) business segment and merged it with a subsidiary of Leidos Holdings, Inc. (NYSE: LDOS). The transaction concludes Lockheed Martin's portfolio reshaping strategy announced last year and was finalized through a tax-efficient Reverse Morris Trust transaction. The ...
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Image - Agreement To Sell Honeywell Technology Solutions To KBR

Agreement To Sell Honeywell Technology Solutions To KBR

Honeywell (NYSE: HON ) today announced that it has reached a definitive agreement to sell Honeywell Technology Solutions Inc. (HTSI), a leading global provider of professional space, security, logistics and manpower services in the Government Services market, to KBR Inc. (NYSE: KBR ) for approximately $300 million . The transaction, which is subject to customary closing co...
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