Thomas Kennedy Named Raytheon Board Chairman; Adm. Vern Clark Comments

Thomas Kennedy
Thomas Kennedy Thomas Kennedy, CEO of Raytheon (NYSE: RTN), has been elected to serve as chairman of the company’s board of directors beginning on Oct. 1. Kennedy will succeed William Swanson, who will retire from Raytheon on Sept. 30 after serving as chairman of the board since 2004, Raytheon said Monday. “On behalf of the board, I would like to express our deepest appreciation for Bill’s...

Neil Bacon Named Public Sector Head at Partner Tquila; Mark Wakelin Comments

Neil Bacon
Neil Bacon, former public sector liaison director at PSNGB, has joined (NYSE: CRM) Platinum Partner Tquila as head of the public sector business. Bacon has served 15 years working with government prior to his appointment to the newly created position at Tquila, the enterprise software provider said Monday. Mark Wakelin, Tquila CEO, said his company expects Bacon’s public sector...

Sohaib Abbasi: Informatica Posts Higher Q2 Income, Reaches $1B Annual Revenue Mark

Informatica Corp. (NASDAQ: INFA) has announced financial results for the company’s fiscal 2014 second quarter that ended June 30. Overall Q2 revenue grew 13 percent to $250.7 million over the $222.4 million from the prior-year period and income from operations increased 30 percent to 33.8 million over the 25.9 million from the previous year, Informatica said Thursday. Sohaib Abbasi, chairman...

David Booze: Northrop Awarded $205M to Continue Army Logistics Support at Fort Irwin

northrop Grumman_BLUE
Northrop Grumman (NYSE: NOC) will continue its mission logistics support work at the Fort Irwin National Training Center in California under a new three-year, $205 million contract with the U.S. Army. The cost-plus-fixed-fee contract has a one-year base period and two option years and includes tactical logistics planning, transportation, supply and maintenance services, Northrop said Friday. “We...

Leidos’ Rob Zitz: DHS Taking a Proactive Approach to Cybersecurity

Rob Zitz, senior vice president and chief systems architect at Leidos (NYSE: LDOS), has observed that the Department of Homeland Security is moving toward a proactive model to secure cyber systems, he told Federal News Radio in an interview Thursday. Zitz highlighted DHS’ continuous monitoring and diagnostics initiative during a question-and-answer session with radio station host Francis Rose. According...

Sanjay Samuel to Lead BAE’s APAC/ME Financial Services Sector; Richard Watson Comments

Bae systems logo_ExecutiveBiz
Sanjay Samuel, a former Teradata executive, has joined BAE Systems as financial services sector lead for Asia Pacific and the Middle East under the company’s applied intelligence business. BAE said Friday Samuel will be in charge of sales activities for the financial services sector as well as the financial crime business in the above regions. He will report to Asia Pacific and Middle East Managing...

General Dynamics Receives $67M Order for Armored Carriers

general dynamics logo
A General Dynamics (NYSE: GD) subsidiary will build 32 armored personnel carriers for the Peruvian Marines under a $67 million contract awarded by Peru’s defense ministry. General Dynamics Land Systems-Canada expects deliveries of the amphibious light armored vehicles to begin in mid-2015, General Dynamics said Thursday. The Canadian business will also provide logistics support to the Peruvian...

Ted Davies Joins Altamira Technologies as CEO

Ted Davies, former president of Unisys Federal Systems, has been named chief executive at McLean, Va.-based Altamira Technologies, according to Washington Technology. Davies will start in his new role next week, according to the article. Unisys announced earlier this week that PV Puvvada would be succeeding Davies at Unisys on an acting basis. Chris D’Agostino is Altamira’s president and chief...

Raytheon Issues Dividend to Shareholders

Raytheon logo
The board of directors at Raytheon (NYSE: RTN) has approved a quarterly cash dividend of 61 cents per share on the company’s common stock. Raytheon said Wednesday that stockholders of record at the close of business on Oct. 1 will receive the dividend Oct 30. The Waltham, Massachusetts-based defense firm reported $24 billion in sales for its 2013 fiscal year. LinkedInShareTweet+1E-mail

Bell Boeing Awarded $70M Osprey Improved Inlet Solution Contract

boeing logo
The Naval Air Systems Command has contracted the Bell-Boeing Joint Project Office to perform upgrades on the V-22 Osprey aircraft under a $69.7 million cost-plus-fixed-fee delivery order. The deal encompasses work laid out from a previously issued basic ordering agreement to improve the ventilation design for the aircraft used by Air Force and Navy services, the Defense Department said Tuesday. Specifically,...