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Tag Archives: board of directors

BAE Systems Exec Joins Reaction Engines Board to Bolster Partnership

alliance-partnership-connect

TYSONS CORNER, VA, December 30, 2015 — BAE Systems and Reaction Engines have expanded their partnership with the appointment of Chris Allam, engineering director of BAE’s military air and information business, to Reaction Engines’ board of directors, GovCon Executive reported Tuesday. Reaction Engines said Monday Allam will oversee BAE’s participation in …

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AT&T CEO Randall Stephenson to Join Boeing Board of Directors; Jim McNerney Comments

Randall Stephenson

Randall Stephenson, chairman and CEO of AT&T (NYSE: T) since 2007, will join the Boeing (NYSE: BA) board of directors as a member effective February 2016. Stephenson will serve on the board’s audit, finance and special programs committees, Boeing said Tuesday. The 33-year AT&T veteran was the company’s chief operating …

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INSA Adds Industry Execs to Governance Boards

INSA

TYSONS CORNER, VA, December 15, 2015 — The Intelligence and National Security Alliance has appointed six new directors and nine new advisers to its governance boards to support the organization’s operations and activities, GovCon Executive reported Friday. INSA said Thursday Vencore‘s Mac Curtis and Raytheon‘s (NYSE: RTN) Dave Wajsgras are among the …

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Boeing Increases Share Buyback Plan to $14B

boeing logo

The board of directors at Boeing (NYSE: BA) has approved an increase in the company’s share repurchase authorization to as much as $14 billion of common stock for the next two to three years. Boeing said Monday it has bought back $6.75 billion in shares and has about $5.25 billion remaining on a prior $12-billion buyback …

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John McAdam Named F5 Networks President, CEO

F5

John McAdam, chairman of the board of directors at F5 Networks (Nasdaq: FFIV), will assume the duties of president and CEO at the technology company effective immediately. F5 said Monday Alan Higginson, lead independent director at F5, will take over as non-executive chairman of the board and that McAdam will …

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General Dynamics Board OKs Plan to Repurchase 10M Shares

general dynamics logo

The board of directors at General Dynamics (NYSE: GD) has approved a plan to buy back up to 10 million additional shares of company stock in the open market, according to a press statement released Wednesday. The company repurchased about 7.15 million outstanding shares during the third quarter of 2015 and has bought back 19.28 …

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Former DoD Official Michael Vickers Joins Board of BAE Systems’ US Arm

Michael Vickers

Michael Vickers, a former undersecretary for intelligence at the Defense Department, has joined the board of directors at BAE Systems Inc. — British contractor BAE Systems‘ U.S. subsidiary. His appointment took effect Tuesday and he will serve for a term of up to three years, BAE said Wednesday. “Mike brings a tremendous …

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Blackstone to Purchase 17% Stake in NCR; Bill Nuti Comments

acquisition, merger

Blackstone Group has agreed to acquire a 17-percent ownership stake in consumer transaction technology maker NCR (NYSE: NCR) for approximately $820 million. NCR said Thursday it aims to transform into an integrated software development and services company and will use the investment to partly fund a planned stock repurchase program. “The NCR board has determined that executing …

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Wood Parker Named to Serco’s US Arm Board; Dan Allen Comments

Wood Parker

Wood Parker, former president and CEO of Engility’s (NYSE: EGL) TASC subsidiary, has been appointed to the board of directors at Serco Group’s U.S. subsidiary Serco Inc. “Wood’s extensive knowledge and insight into federal government contracting with the department of defense, federal civilian agencies and the intelligence community will be …

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David Thompson: Orbital ATK’s $150M Buyback Plan Gets Board Approval

David Thompson

Orbital ATK‘s (NYSE: OA) board of directors has approved a plan to buy back an additional $150 million of the company’s common stock through the end of 2016. The company said Monday it may repurchase shares in the open market depending on factors such as market condition and that transactions …

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