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Search Results for: PwC

Veritas Capital to Buy PwC’s US Public Sector Business

Veritas Capital has agreed to purchase the U.S. public sector business of PwC for an undisclosed sum. Veritas said Wednesday it will rename and run the business as an independent company once it finalizes the transaction and completes regulatory approvals and other customary closing conditions. The U.S. public sector business will …

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PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

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Report: PwC Mulls Sale of Govt Consulting Practice

PwC is considering selling the financial auditing and consulting firm’s government consulting practice that could be valued at approximately $500 million, Reuters reported Saturday. Sources told Reuters PwC expects the planned transaction to help the company pursue growth opportunities in providing auditing services to government agency clients and has tapped …

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PwC: US Aerospace & Defense Firms Spend More in R&D for 2017

TYSONS CORNER, VA, Nov. 20, 2017 — PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense …

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PwC: Long-Term Commitment, Local Industry Cooperation Key to Int’l Defense Contracts

TYSONS CORNER, VA, March 3, 2017 — PwC has urged defense contractors to build on long-term relationships with the local military and industrial bases at foreign countries to offset reduced activity in traditional defense markets due to budget constraints, ExecutiveBiz reported Thursday. Randy Starr and Anurag Garg, aerospace and defense industry advisers at …

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Robert Moritz Named Global Chairman at PwC

Robert Moritz,  formerly U.S. chairman of PwC and a 31-year company veteran, has succeeded Dennis Nally as chairman of PwC International. PwC said Friday it also appointed 10 new leadership team members who will collaborate with Moritz and senior partners Raymund Chao for China, Kevin Ellis for the U.K., Tim Ryan for the U.S. and Norbert Winkeljohann for Germany. …

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PwC Survey: Enterprises Increasingly Adopt Risk-Based Security Frameworks to Counter Cyber Threats

TYSONS CORNER, VA, February 1, 2016 — A new PwC survey found that enterprises are increasingly adopting risk-based cybersecurity frameworks and other security guidelines to boost efforts against cyber threats, ExecutiveBiz reported Friday. The company said 91 percent have implemented one or more risk-based frameworks, including that of the National Institute of …

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PwC Buys Praxism to Grow Cyber Services Portfolio

PwC has acquired Scotland-based consulting firm Praxism for an undisclosed sum as the companies seek to help organizations secure data through identity and access management strategies. Colin Slater, digital and cyber partner at PwC’s Scottish arm, said in a statement published  Monday the acquisition is part of a push to expand the company’s presence …

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PwC, India’s NIIT University Join Efforts to Offer Master’s Degree on Cybersecurity

TYSONS CORNER, VA, January 4, 2016 — PwC and NIIT University collaborated to offer a master’s degree program on cybersecurity that seeks to aid the demand for cybersecurity professionals in the coming years in India, ExecutiveBiz reported Wednesday. The Economic Times reported Monday these soon-to-be professionals will work to secure …

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Scott McIntyre: PwC Adds Google to Military Health Contract Pursuit Team

Google (NASDAQ: GOOG) has joined the team of companies led by PwC that is bidding for a multibillion dollar contract to build a new electronic health records system for the U.S. military. PwC said Thursday Google becomes the sixth company to join a team that also includes commercial EHR vendors DSS and Medsphere, MedicaSoft and General Dynamics (NYSE: GD). …

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