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Tag Archives: national security

L3 Completes $117M Purchase of Implant Sciences’ Explosive Trace Detection Business

L3 Technologies (NYSE: LLL), then L-3 Communications, has wrapped up its purchase of Implant Sciences’ explosive trace detection business for $117.5 million cash through an asset purchase agreement. Michael Strianese, chairman and CEO of L3, said in a statement released Thursday the acquisition will help expand L3’s presence in national security …

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Huntington Ingalls to Build 9th US National Security Cutter Under $486M Contract

Huntington Ingalls Industries (NYSE: HII) has secured a $486 million contract to build a ninth National Security Cutter for the U.S. Coast Guard. The company said Friday that Legend-class NSCs are the flagships of the Coast Guard’s cutter fleet and will replace 12 current Hamilton-class cutters. HII’s Ingalls Shipbuilding division has provided six NSCs to the service branch and is scheduled to deliver two more …

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Lockheed CEO Marillyn Hewson Offers Trump ‘Personal Commitment’ to Reduce F-35 Cost

Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson has said she assured President-elect Donald Trump that the company will work to reduce the cost of the F-35 fighter aircraft, CNN reported Friday. Danielle Wiener-Bronner writes Hewson made the remarks in a Twitter post Friday a day after Trump asked Boeing (NYSE: BA) to quote …

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PiXlogic’s Joseph Santucci: AI-Based Software Tools Could Help Agencies Analyze Visual Images in Support of Security Missions

Joseph Santucci, president and CEO of California-based software technology firm piXlogic, has said an artificial intelligence-based software platform could help government agencies search and analyze videos and pictures for use in investigations and security missions. Santucci wrote that such software tools work to “understand context in an image, distinguish faces and …

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Ensco’s Scott Goldstein: National Security Threats Continue to Evolve Since 9/11

TYSONS CORNER, VA, Nov. 28, 2016 — Scott Goldstein, Ensco‘s chief strategy and technology officer, has stated in an interview that national security threats continue to evolve since the 9/11 attack, ExecutiveBiz reported Wednesday. He noted during the interview on the Worldwide Business with Kathy Ireland show that the U.S. faces …

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Natl Security Market Vet Susan Holley Named SC3 Business Devt SVP; David Page Comments

Susan Holley, a 26-year national security services industry veteran, has joined SC3 as senior vice president of business development at the Alexandria, Virginia-based technology and consulting services contractor. SC3 said that Holley will report directly to CEO David Page and lead the company’s efforts to identify new business opportunities, partnerships and …

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Raytheon’s Dave Wajsgras: Cyber Tech, Workforce Essential to Prepare Against Potential Cyber War

TYSONS CORNER, VA, Nov. 8, 2016 — Dave Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence business segment, has said that the cyber workforce is as important as new technology in protecting the country from potential cyber threats and in event of a cyberwar, ExecutiveBiz reported Monday. “As cyber becomes even more …

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Darin Powers Named Natl Security Division SVP at NT Concepts; Craig Reed Comments

Darin Powers, former chief operating officer of Toffler Associates, has joined NT Concepts as senior vice president for national security solutions at the Vienna, Virginia-based intelligence and investigative services provider. NT Concepts said Tuesday the 25-year government contracting and military service veteran will lead operations and strategic growth activities of the company’s …

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Preferred Systems Solutions Eyes IC Market Expansion Through Synaptic Solutions Purchase; Scott Goss Comments

Preferred Systems Solutions has purchased Reston, Virginia-based software development services provider Synaptic Solutions for an undisclosed sum in a strategy to expand the former’s contract base and business network in the U.S. intelligence and national security communities. Josh Cury and Derrick Henley, co-founders and owners of Synaptic Solutions, will join PSS’ …

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Mark Testoni: Graph Technology Could Support Analytics for National Security Efforts

TYSONS CORNER, VA, Oct. 11, 2016 — Mark Testoni, president and CEO of SAP National Security Services (NYSE: SAP), has noted that the “graph technology” analytics tool works to support efforts to manage digital information, ExecutiveBiz reported Friday. CNN reported Thursday graph technology is designed to identify connections between data, develop algorithms based on …

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