18
2013 Year in Review
Announced
Closed
Closed
December 26, 2013
December 23, 2013
December 19, 2013
Notes
Notes
Notes
Textron announced it will acquire
Beech Holdings for $1.4 billion in
cash. Beechcraft manufactures
business, special mission, light attack
and trainer aircraft. Since emerging
from Chapter 11 protection in
February 2013, Beechcraft’s aircraft
booking rates are higher than any
time in the past three years and the
Company expects to generate $1.8
billion in 2013 revenue.
Rockwell Collins acquired ARINC
from The Carlyle Group for $1.4
billion. ARINC provides
communications and information
processing solutions for the
commercial aviation industry with
expected 2013 revenues in excess of
$600 million. When completed, the
acquisition will shift Rockwell Collins’
business to approximately 54%
commercial and 46% government.
L-3 Communications acquired
Mustang Technology Group. Based
in Texas, Mustang develops and
manufactures radar-based sensors
and systems used in precision-
guided weapons, electronic warfare,
unmanned systems and other military
applications. It’s products are on the
leading edge of the current and next
generation of weapon systems.
Mustang employs approximately 115
people and is expected to generate
$36 million in sales in 2013.
will acquire
has acquired
has acquired
Notable Transaction Activity
Source: Capital IQ and InfoBase as of 12/31/13
