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Lockheed to Funnel $460M Tax Reform Savings to R&D, Venture Fund, Employee Programs

TYSONS CORNER, VA, June 11, 2018 — Lockheed Martin (NYSE: LMT) aims to shift an estimated $460 million in savings the company said it generated through the recent U.S. tax reform law toward research and development as well as investments in technology startups, ExecutiveBiz reported Friday. The company said Thursday part …

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Lockheed Martin Ventures Eyes $100M in Tech Startup Investments

TYSONS CORNER, VA, June 8, 2018 — Lockheed Martin (NYSE: LMT) aims to utilize $100 million in savings the company says it generated through the U.S. tax reform to invest in technology startup companies via its venture capital arm, ExecutiveBiz reported Thursday. Defense News reported Wednesday that Chris Moran, head …

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Booz Allen Boosts Tech Talent to Drive Growth; Horacio Rozanski Comments

TYSONS CORNER, VA, May 31, 2018 — Booz Allen Hamilton’s (NYSE: BAH) senior executives consider talent recruitment and retention as an opportunity to boost the company’s future growth, ExecutiveBiz reported Wednesday. The McLean, Va.-based government technology services provider intends to hire additional employees with technical skills and security clearances to …

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Ken Asbury: Capability Building Drives CACI’s Interest in ‘Transformational’ Deals

TYSONS CORNER, VA, May 9, 2018 — CACI International (NYSE: CACI) CEO Ken Asbury has indicated in a recent earnings call that the company is not focusing on increasing scale but is instead working to build up capability across its 12 markets through potential “transformational” transactions, ExecutiveBiz reported Friday. “We’re …

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Michael Niggel: ACT I to Expand Core Services, FMS Support Tools & Hiring in 2018

TYSONS CORNER, VA, April 19, 2018 — Michael Niggel, CEO of Advanced Concepts and Technologies International, has said the company is working to expand its core market offerings in aerospace, cyber, defense healthcare and homeland security as well as developing new tools and processes in support of Foreign Military Sales case …

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Lockheed’s Cyber Platform Helped DHS Analyze Russia-Linked Critical Infrastructure Attacks

TYSONS CORNER, VA, March 28, 2018 — Lockheed Martin‘s (NYSE: LMT) Cyber Kill Chain framework supported the Department of Homeland Security in analyzing alleged state-sponsored Russian hackers’ cyber attacks on U.S. government entities and organizations in the energy, nuclear, commercial facilities, water, aviation and critical manufacturing sectors, ExecutiveBiz reported Tuesday. DHS’ …

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KeyW Completes Sotera Integration, Reports Rise in FY 2017 Revenue

Bill Weber, president and CEO of KeyW (Nasdaq: KEYW), has said the company has completed integration efforts with regard to its purchase of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. KeyW closed its $235 million cash acquisition of Sotera in April 2017 in an effort to expand its footprint in …

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BAE, ManTech Vet Dave Wallen to Join KeyW as Advanced Cyber SVP

Dave Wallen, senior vice president of ManTech International‘s (Nasdaq: MANT) cyber operations and exploitation business, will officially join KeyW on Jan. 29 as SVP of the Hanover, Maryland-based company’s advanced cyber business. KeyW said Tuesday Wallen will bring more than 30 years of experience in leading strategies, growth and teams that support the intelligence …

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Cyxtera to Buy Immunity in Cybersecurity Portfolio Expansion Push

Infrastructure security company Cyxtera Technologies has signed an agreement to purchase Immunity, a Miami, Florida-based network security services firm. Cyxtera said Tuesday it will integrate Immunity’s offerings into its portfolio of threat analytics products and leverage the latter company’s team and customer base when the acquisition is complete. The deal is subject …

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Northrop Vet Matt McQueen Named Peraton Chief Comms Officer; Stu Shea Comments

Matt McQueen, previously a communications executive in charge of cyber branding at Northrop Grumman (NYSE: NOC), has joined Peraton as chief communications officer. McQueen will oversee strategy development and implementation of communications initiatives in the areas of media relations, employee engagement, branding and executive communications, Peraton said Monday. “With Peraton’s fresh …

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