--> Wes Adams For Anne Arundel Conty Circuit Court Judge <-----
Insert future code here--> 1-1 to 1-31 Anne Arundel County Stop Smoking <-----
STANDARD HERMAN AD--> Anne Arundel County Stop Smoking <-----
Herrmann 40--> “Herrmann <-----
MD Higher Education Commission Near Completer
Insert future code here
Orioles Bud april 2020 to Sept 2020
“Nationals October 2019

Is An ARINC Sale Imminent?

| June 04, 2013, 03:28 PM | 0 Comments

arinc_0_75569General Electric and Rockwell Collins are said to be among the bidders for an auction to acquire Annapolis based ARINC. The company is a more attractive takeover business now that they have spun off their government consulting business to Booz Allen Hamilton late last year.

While a recent Reuters article indicates there may be several bidders, an inside source at ARINC believes that the sale is all but finalized. d.

According to our source, most employees suspect that Rockwell Collins is the successor.

ARINC  was founded in 1929, an designs systems that help airline pilots communicate with the ground. It also provides transport communications and systems for defense, government, healthcare, networks and security sectors. The anticipated sale amount will be between $1.3 and $1.4 billion.


Tags: , , , , , , ,

Category: Businesses, LIFE IN THE AREA, Local News, NEWS

About the Author - EOA Staff

Eye On Annapolis is a community based site focusing strictly on Anne Arundel County. These staff postings are general news postings made by our team of bloggers throughout the day and are not attributed to any one particular staff person.

Connect with the Author

Author's Website Facebook Twitter YouTube rss feed