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Tag Archives: commercial

Private Equity Firm Marlin to Buy General Dynamics’ Fidelis Cyber Business


Los Angeles-based investment firm Marlin Equity Partners has agreed to purchase threat detection services business Fidelis Cybersecurity Solutions from General Dynamics (NYSE: GD) for an undisclosed sum. Marlin said Tuesday it expects to close the deal in the second quarter of its 2015 fiscal year and aims to grow its presence in a breach defense and ...

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Steve Comber Joins ManTech as Health Business SVP, GM

Steve Comber

Steve Comber, formerly president of Leidos‘ (NYSE: LDOS) health group, has joined ManTech International (NASDAQ: MANT) as senior vice president and general manager of the company’s federal health business unit. “Federal health (information technology) is a strategic focus for ManTech,” George Pedersen, ManTech chairman and CEO, said Tuesday. At ManTech, Comber will lead ...

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NGA Taps BAE to Update Geospatial Data Product Platform; Rex Ballard Comments


BAE Systems Inc. — the British defense contractor’s U.S. subsidiary — will help the National Geospatial-Intelligence Agency install one of the company’s commercial software products into a platform the agency uses to store and manage geospatial intelligence. The company said Tuesday it was awarded a potential seven-year contract to help integrate ...

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

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 ...

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


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 ...

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


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 ...

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Boeing, SpaceX Win NASA Commercial Space Transportation Contracts


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 ...

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


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 ...

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