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Tag Archives: Siemens

Curtiss-Wright to Purchase Siemens’ Dresser-Rand Govt Business for $212M

Curtiss-Wright (NYSE: CW) has agreed to buy Siemens’ Dresser-Rand government business through a $212.5 million cash transaction. Curtiss-Wright said Tuesday it will operate Dresser-Rand as part of its power segment and expects to close the acquisition in April, subject to regulatory approval and other customary closing conditions. “The acquisition of Dresser-Rand’s …

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IBM Vet Anne Altman Named Siemens Govt Technologies Board Chair; Barbara Humpton Comments

Anne Altman, former general manager of federal and government industries at IBM (NYSE: IBM), has joined Siemens’ U.S. government technologies business as chairman of the board of directors. Altman succeeds Stanley McChrystal, a retired U.S. Army general who became board chairman in 2011, the company said Thursday. “Anne brings a unique depth and …

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Siemens Expands LO3 Partnership With New Investment in Blockchain-Based Energy Tech

TYSONS CORNER, VA, Dec. 29, 2017 — Siemens has placed an investment with LO3 Energy under a Series A funding round to expand an existing partnership that seeks to advance blockchain-based technology applications for energy management, ExecutiveBiz reported Thursday. The investment is aimed to drive joint programs to establish self-sufficient microgrids as …

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Siemens Government Technologies to Install Energy Savings Solutions for U.S. Army in Germany: Barbara Humpton Comments

Siemens Government Technologies Inc. announced Monday that the company has received its first Euro-financed Energy Savings Performance Contract (ESPC) to help the U.S. government save energy and cut down on costs overseas. Siemens and the U.S. Army Corps of Engineers signed the $9.4 million contract to install, maintain and operate several …

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Siemens to Help Reduce Energy Consumption at Army Facility; Barbara Humpton Comments

TYSONS CORNER, VA, Dec. 6, 2017 — Siemens will help update the U.S. Army‘s Joint Systems Manufacturing Center in a push to reduce its energy consumption under a potential $37 million contract modification from the Army Corps of Engineers, ExecutiveBiz reported Friday. The company said Thursday it will work to advance energy efficiency and …

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Siemens Grants $246M in PLM Software to Florida Tech

TYSONS CORNER, VA, Oct. 10, 2017 — Siemens has awarded a $246 million grant comprised of its product lifecycle management software to the Florida Institute of Technology in efforts to promote science, technology, engineering and math careers, GovCon Executive reported Monday. Florida Tech said Thursday the technology grant aims to enable the …

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Future Siemens Hub to Work on IoT, Cloud Apps for Building Technologies

TYSONS CORNER, VA, Sept. 28, 2017 — Siemens will open a research and development hub in Chicago next month that will be serve to support work on internet of things and cloud computing applications for the company’s control products and systems technologies, ExecutiveBiz reported Wednesday. The company said Tuesday it plans to …

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AECOM, Siemens Vet Anshooman Aga to Succeed John Thomas as Cubic CFO in October

Anshooman Aga, formerly a senior vice president and chief financial officer at AECOM’s (NYSE: ACM) design and consulting services business in the Americas, will join Cubic (NYSE: CUB) as executive VP on July 17. Aga will take over as CFO on Oct. 1 and succeed John “Jay” Thomas, who will assume …

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DOE Awards Energy Savings Performance Contracts to 21 Companies

TYSONS CORNER, VA, May 2, 2017 — The Energy Department has selected 21 companies to receive energy savings performance contracts to implement energy and water conservation and efficiency measures at federal facilities, ExecutiveBiz reported Monday. DOE said Friday the companies will finance, design, construct and install water and energy infrastructure updates at …

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Paul Stein Named Rolls-Royce Chief Technology Officer

Paul Stein, director of research and technology at Rolls-Royce, has been named chief technology officer of the power and propulsion systems manufacturing firm. Rolls-Royce said Thursday that Stein will report directly to CEO Warren East and will help align the company’s technology investments with its business strategy in his new role. Stein joined …

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