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Tag Archives: LGS Innovations

CenturyLink Taps LGS Tech for Work on DoD High-Speed Network

Tim Meehan

TYSONS CORNER, VA June 9, 2015 — CenturyLink (NYSE: CTL) has enlisted LGS Innovations to help upgrade the Defense Department’s high-speed fiber optic network that connects five Pentagon facilities with supercomputing requirements. CenturyLink said Monday it expects updates to DREN to enable the five computer labs to receive speeds of ...

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John Fitzgerald Heads to LGS Innovations as EVP, CFO; Kevin Kelly Comments

LGSInnovations

John Fitzgerald, formerly chief accounting officer at ManTech International (NASDAQ: MANT), has joined LGS Innovations as executive vice president and chief financial officer and will oversee LGS’ financial organization. LGS said Tuesday that Fitzgerald holds at lease 26 years of experience in the financial industry as the company seeks to evolve into a platform company for a global market. ...

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Madison Dearborn, CoVant Finalize $200M LGS Innovations Purchase

LGSInnovations

A Madison Dearborn Partners and CoVant investor group has finalized its purchase of LGS Innovations from Alcatel-Lucent (NYSE: ALU) for $200 million. Alcatel-Lucent has sold LGS as part of an initiative to raise more than $1.4 billion by the end of 2015 through asset divestitures, Alcatel-Lucent said Tuesday. Half of the acquisition amount ...

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LGS Innovations Sold to U.S. Investment Firms for $200M; Kevin Kelly Comments

Alcatel-Lucent (NYSE: ALU) has sold the company’s government technology subsidiary LGS Innovations to two U.S. investment firms for around $200 million in a move that will enable LGS to chase market and customer opportunities that it may not have been able to previously go after under Alcatel, LGS CEO Kevin ...

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Rich Martin Joins LGS as CIO; Kevin Kelly Comments

LGSInnovations

Rich Martin, former chief information officer at data communications provider Transaction Network Services, has joined LGS Innovations as CIO. The 20-year industry veteran will serve as technical and personnel leader at LGS and manage operations for activities related to information technology, the company said Tuesday. Kevin Kelly, LGS CEO, said ...

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LGS Providing Army Training Base Avaya Digital Comm System; Kevin Kelly Comments

  LGS Innovations has won a $14.1 million contract to provide an Avaya communications system to a U.S. Army base and transition the bas digital voice-over Internet Protocol data system. The Army trains between 85,000 and 90,000 military and civilian personnel per year at Fort Leonard Wood in earthmoving, truck driving, ...

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Contract Award – Lockheed Martin – $31 Million – DARPA

The Defense Advanced Research Projects Agency (DARPA) has awarded a $31 million contract to Lockheed Martin [NYSE: LMT] for new cyber assurance procedures to improve security, dynamic bandwidth allocation, and policy-based prioritization levels at the individual and unit level. John Mengucci, President of Lockheed Martin Information Systems & Global Services-Defense, ...

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