It is estimated that President Obama will announce the appointee to the cyber security coordinator position within the next two weeks. A source disclosed that the current front-runner for the position is
Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Pocasset, Mass.-based marine robotics provider Hydroid from Kongsberg Maritime for approximately $350M as part of efforts to expand its capabilities in the autonomous and unmanned maritime systems market. HII said Thursday it will operate Hydroid as part of unmanned systems business unit within its technical solutions division, which now includes capabilities in small and medium unmanned underwater vehicles with the addition of Hydroid’s Remus and Seaglider autonomous underwater vehicles.
Leidos' (NYSE: LDOS) QTC Medical Services subsidiary has won a potential five-year, $999M contract to provide commercial health services to U.S. Army Reserve troops.