Wartsila to Buy L-3’s Marine Systems Int’l Business for $357M; MIchael Strianese Comments

Michael Strianese
Michael Strianese L-3 Communications (NYSE: LLL) has agreed to sell its Marine Systems International business to Wartsila Corp. for $357 million in a move that L-3 CEO Michael Strianese says is part of the company’s plan to reshape its portfolio. The companies expect to complete the transaction in the second quarter of 2015 and Wartsila will assume $75 million in pension-related liabilities...

Iridium Records 7% Revenue Hike for 3Q 2014, Gov’t Services Sales Up 14%

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Iridium Communications (NASDAQ: IRDM) has announced financial results for the third quarter of its 2014 fiscal year, which ended Sept. 30, 2014. Revenue for the McLean, Virginia-based satellite services contractor rose 7 percent to $107.5 million from the prior-year quarter and profit increased approximately 22.9 percent to $20.4 million. The company’s government services revenue increased 14...

BAE to Pay $232M Cash for Commercial Cyber Services Firm SilverSky; Ian King Comments

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BAE Systems PLC has agreed to acquire commercial cybersecurity services provider Perimeter Internetworking Corp. — which does business as SilverSky — for $232.5 million cash. BAE expects to close the transaction before the end of this calendar year upon the receipt of regulatory approvals, the London-based defense contractor said Tuesday. SilverSky, which operates primarily in the...

Boeing, SpaceX Win NASA Commercial Space Transportation Contracts

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Boeing (NYSE: BA) and Elon Musk’s startup firm SpaceX have both won contracts to transport U.S. astronauts to and from the International Space Station for NASA. Charles Bolden, NASA administrator, said in a press conference Tuesday from Kennedy Space Center that the contracts are worth up to $6.8 billion combined, with up to $4.2 billion for Boeing and $2.6 billion for SpaceX. Boeing will...

Stephen Warren: VA to Acquire ‘Commercial, Off-The-Shelf’ Scheduling System

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The Department of Veterans Affairs intends to issue a request for proposals by the end of September 2014 to acquire a new medical appointment scheduling system that would contain new management-based scheduling software. “VA chose a full- and open-competitive strategy to acquire a ‘commercial, off-the-shelf’ scheduling system,” Stephen Warren, the VA’s chief information officer, said Monday. “We...

Air Force Picks 14 Firms for $494M Hosted Payload IDIQ

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The U.S. Air Force has awarded positions on a potential $494 million contract to 14 companies for products and services to help the government obtained commercial hosting tools for its payloads. The firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a five-year ordering period and covers work through Jan. 31, 2029, the Defense Department said Thursday. Vendors with positions on...

Hans Hollister to Head L-3’s Global Solutions Unit; Les Rose Comments

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Hans Hollister Hans Hollister, formerly senior vice president of business development for L-3 Communications‘ (NYSE: LLL) national security solutions business segment, has been appointed general manager of the segment’s newly-formed global solutions unit. The 21-year company veteran will oversee strategic direction for the unit in commercial and international markets, L-3 said Thursday. “(Hollister)...

Rafael Borras, Former DHS Undersecretary, Takes Senior Adviser Role at AT Kearney

Rafael Borras
Rafael Borras Rafael Borras, formerly undersecretary of management and acting deputy secretary at the Department of Homeland Security, has joined A.T. Kearney‘s consulting practice as a senior adviser. “His combination of public and private sector leadership experience will be particularly important as we help public sector organizations fulfill their missions with leading practices drawn...

Keith Trippie on His New Business Ventures and Transforming Federal IT with Commercial Models

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Keith Trippie Former top Department of Homeland Security official Keith Trippie, who recently rejoined the private sector after more than 10 years with DHS, has embarked on two entrepreneurial business ventures that will be active in the federal and commercial technology spaces, Trippie told GovCon Wire in an interview. Trippie is currently establishing the Trippie Group LLC, a consulting firm that...

Teri Takai: DoD Plans to Authorize 9 Cloud Providers

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The Pentagon aims to further expand commercial cloud availability throughout the military with a plan to certify nine companies to run the services for the military, FCW reported Thursday. Adam Mazmanian writes Chief Information Officer Teri Takai told a House Armed Services subcommittee hearing last week that the move was part of the Defense Department’s “aggressive push” toward commercial cloud...