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Tag Archives: Intelligence

FLIR Systems Purchases Norway-Based UAS Maker Prox Dynamics for $134M

FLIR Systems (Nasdaq: FLIR) has acquired Oslo, Norway-based unmanned aerial systems manufacturer Prox Dynamics for approximately $134 million to create a new UAS business within the buyer’s surveillance segment. FLIR said Wednesday it also intends to expand its airborne sensor product line with the addition of Prox Dynamics. “The team at Prox Dynamics operates with …

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GovCon Vet Paul Rempfer Named STG Business Devt SVP; Phil Lacombe Comments

Paul Rempfer, formerly a principal at Booz Allen Hamilton (NYSE: BAH), has joined Reston, Virginia-based information technology services contractor STG Group as senior vice president of business development. STG said Tuesday he will coordinate with other STG senior executives and oversee capture, business development and proposal management functions in his new position. The two-decade industry veteran …

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Leidos Boosts Full-Year Guidance on 3Q Earnings Beat, Huntington Ingalls Misses Street’s Estimates

GovCon Index-listed companies Leidos Holdings (NYSE: LDOS) and Huntington Ingalls Industries (NYSE: HII) released third quarter financial results before markets opened Thursday with both contractors at different stages in major merger-and-acquisition activity. Leidos, the U.S.’ largest government services provider, raised full-year guidance for both earnings per share and revenue as third quarter EPS exceeded the …

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Huntington Ingalls to Buy Camber for $380M to Add IT, Govt Services Market Footprints

Military shipbuilder Huntington Ingalls Industries (NYSE: HII) has agreed to acquire government services contractor Camber Corp. for $380 million in a move to diversify revenue and add new information technology work with U.S. defense, intelligence and civilian agencies. Huntington Ingalls’ move for Camber comes in a year where other larger defense prime contractors …

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Tony Frazier: The Radiant Group Acquisition to Support Expansion of DigitalGlobe Services

TYSONS CORNER, VA, Oct. 31, 2016 —  Tony Frazier, senior vice president of government solutions at DigitalGlobe (NYSE: DGI), has said DigitalGlobe’s acquisition of geospatial information services contractor The Radiant Group serves to support the former’s services business expansion efforts, ExecutiveBiz reported Thursday. Frazier stated in a blog post published Wednesday that integrating …

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John Fant, Michael Cameron Take Director Roles at Noblis NSP Subsidiary; Ellen McCarthy Comments

John Fant and Michael Cameron have joined Noblis NSP, a subsidiary of scientific research and engineering services contractor Noblis, as directors of special intelligence programs and cyber solutions, respectively. Both appointees hold decades of strategic development experience and aim to help grow NSP’s footprint in the defense, intelligence and law enforcement markets, Noblis said …

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L-3 Signals More Acquisitions This Year, CACI & Raytheon Pivot to Organic Growth Focus

Differing acquisition strategies among government services contractors and defense primes became a main discussion topic analysts raised in earnings calls Thursday morning with three GovCon companies that stated financial results. L-3 Communications (NYSE: LLL) hinted it could make more acquisitions this year with three announced already so far, while CACI International (NYSE: CACI) and Raytheon (NYSE: RTN) all signaled …

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Harris, Capstone Vet Richard White Joins Space Systems Loral as US Govt Lead

Richard White, a 31-year veteran from Harris Corp. (NYSE: HRS) and former CEO of government services contractor Capstone Corp., has joined spacecraft system and satellite manufacturer Space Systems Loral to lead SSL’s U.S. government business as a senior vice president. Palo Alto, Calif.-based SSL said Thursday White will be based out of …

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Bob Kipps: Large GovCon Players Return to Organic Growth in Year of ‘Non-Traditional’ M&A Buyers

For the government technology services sector, the third quarter was strong and a step up from the prior years’ flat or shrinking activity throughout the industry, according to Bob Kipps, managing director at Tysons Corner-based aerospace and defense investment bank KippsDeSanto & Co. “Operationally, 2016 has been the year where the ‘rubber …

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Tony Frazier: DigitalGlobe to Integrate Software Development Team Through Radiant Group Acquisition

TYSONS CORNER, VA, Oct. 20, 2016 — Tony Frazier, senior vice president of government solutions at DigitalGlobe (NYSE: DGI), has said the company’s planned $140 million acquisition of The Radiant Group serves to integrate the latter’s software development and engineering workforce, ExecutiveBiz reported Tuesday. National Defense Magazine reported Monday that Frazier noted the incoming team …

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