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Tag Archives: Acquisition

William LaPlante to Leave USAF Acquisition Lead Post, Rejoin Mitre

William LaPlante

William LaPlante will step down as assistant secretary for acquisition at the U.S. Air Force after three years of civilian service in the branch and transition to a senior role at Mitre, the military branch announced Thursday. The Air Force added the Defense Department will reappoint LaPlante to the Defense Science Board to advise …

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AECOM FY 2015 Earnings Top Wall Street Forecast; URS Costs to Extend in FY 2016


AECOM (NYSE: ACM) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported earnings per share of $3.08 for the company’s 2015 fiscal year ended Sept. 30 to exceed the consensus Wall Street estimate by 1 cent. Fourth quarter earnings at the Los Angeles-based engineering and construction services firm …

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Lockheed Appoints Dan Schultz President of New Sikorsky Unit; Marillyn Hewson Comments

Dan Schultz

Dan Schultz, formerly vice president of Lockheed Martin‘s (NYSE: LMT) ship and aviation systems business, will serve as president of the company’s newly acquired Sikorsky helicopter business. Lockheed said Friday Schultz led Sikorsky’s integration into the Lockheed mission systems and training organization as the acquisition moved toward a close last week. “He …

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IAP Buys DRS’ Aviation, Tactical Comms Businesses; Doug Kitani Comments

U.S. Navy photo

IAP Worldwide Services has purchased the aviation and logistics, and tactical communications and network solutions business units of DRS Technologies for an undisclosed sum. IAP said Wednesday it will combine the two acquired segments with its aviation and engineering solutions and national security programs units. Doug Kitani, CEO of IAP Worldwide Services, said …

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Trend Micro Buys HP TippingPoint for $300M; Eva Chen Comments


Trend Micro International has acquired Hewlett-Packard’s TippingPoint business for nearly $300 million in a move to help customers address sophisticated attacks. The acquisition deal covers TippingPoint’s security technology, intellectual property, Digital Vaccine LABS threat insight and its enterprise customer base, Trend Micro said Wednesday. Trend Micro will combine the intrusion prevention …

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L-3 to Continue T-45 Sustainment Work at Navy Stations

L-3 logo

TYSONS CORNER, VA September 25, 2015 — The Naval Air Systems Command has awarded L-3 Communications (NYSE: LLL) a $160 million modification contract to continue to provide T-45 jet maintenance and logistics services at various naval air stations in the country, ExecutiveBiz reported Thursday. The Defense Department said Tuesday L-3 subsidiary …

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GardaWorld Acquires Aegis Group; Stephan Cretier Comments

acquisition, merger

GardaWorld has closed its purchase of private security services provider Aegis Group for an undisclosed sum in a move to grow in the global protective services market. KippsDeSanto & Co. — financial adviser to Aegis Group on the transaction — announced the deal’s completion Tuesday and said GardaWorld seeks to increase its footprints in …

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SageNet Buys Turnberry’s Cybersecurity Division; Daryl Woodard Comments


SageNet has purchased Turnberry Solutions’ cybersecurity division in an effort to grow in the payment card industry compliance and advanced threat protection services markets. SageNet said Sept. 1 that Paul Truitt, head of the cybersecurity practice at Turnberry, will serve as SageNet’s vice president of cybersecurity services. The Certified Information Systems Security Professional …

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Heidi Shyu Describes Army’s Open Architecture Approach, Tech Acquisition Environment to Potomac Officers Club

Heidi Shyu

Technology platforms with open architectures are a key aspect of the U.S. Army‘s large push to change how it brings new tools to soldiers in the battlefield, the service branch’s lead acquisition official told the Potomac Officers Club Wednesday. Heidi Shyu — assistant army secretary for acquisition, logistics and technology — also said at the POC …

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Data Systems Analysts Closes Symbolic Systems Federal IT Services Buy; Fran Pierce Comments


Data Systems Analysts has moved to expand its U.S. Army knowledge management practice with the acquisition of Symbolic Systems‘ federal information technology assets for an undisclosed amount. Robert Wheeler, formerly chief operating officer for Symbolic Systems, joined DSA’s leadership team as a vice president as part of the acquisition, DSA said …

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