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Elizabeth Leigh

Iron Mountain Acquires Records Manager ISCC; Harold Ebbighausen Comments

Iron Mountain (NYSE: IRM) has acquired three records management businesses from the Information Storage Consolidation Company for an undisclosed amount, aiming to grow its storage rental portfolio. The acquisition is intended to give Iron Mountain 1, 000 more customers in three states, the company said Tuesday. Safe Records Center, based in …

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Jenny Murillo Joins NJVC as HR Director; Jody Tedesco Comments

Jenny Murillo, a former human resources director at a DRS Technologies division, has joined NJVC as the company’s new HR director. She will oversee compensation, benefits and HR information systems and work with company management to implement best practices and use data to make decisions, NJVC said Wednesday. Murillo holds …

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Exelis to Update AF Intell Data System’s Memory Tech; Nick Bobay Comments

ITT Exelis (NYSE: XLS) has won a $6.1 million contract modification to install new memory and data storage technology for the U.S. Air Force. The Air Force intends to use the new technology to retrieve and authenticate intelligence through a command and control system it uses to verify pass codes and …

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Steven Cortese to Depart ATK May 1; Mark DeYoung Comments

Steven Cortese, senior vice president for government relations and corporate communications at ATK (NYSE: ATK) since 2011, will leave the aerospace and defense company May 1. The 20-year legislative affairs veteran is pursuing a new career opportunity after seven years at ATK, the company said Tuesday. He serves as the …

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Lockheed Wins $217M DoD Info Environment Contract; Willie Callahan Comments

Lockheed Martin Corp. (NYSE: LMT) has won a position on a potential five-year $217 million contract to provide the U.S. Defense Department with information management tools and services that would help carry out its missions. Work for the agency’s Chief Information Office includes the creation of a joint information environment …

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Blackstone Group Cancels Dell Takeover Bid

Blackstone Management Partners LLC has withdrawn its bid to acquire Dell (NASDAQ: DELL) following its due diligence process. Dell’s special committee received the notice through Boulder Acquisition Corp., a partner in the Blackstone-led group that submitted a takeover offer in late March,  Dell said Friday. Blackstone and its partners offered …

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Report: Peter Klein to Step Down as Microsoft CFO in June

Peter Klein will leave Microsoft (NASDAQ: MSFT) at the end of June after nearly three years of service as chief financial officer. Klein spent 11 years at Microsoft and the software giant is expected to promote his successor within the coming weeks, Reuters reported Thursday. Before becoming the company’s CFO, …

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Cubic Wins $134M to Help Navy Train Pilots; Harold Carlisle Comments

A Cubic Corp. (NYSE: CUB) subsidiary has won a $134 million task order contract to provide training and support services to the U.S. Navy for nine types of aircraft. This five-year order falls under the Fielded Training Systems Support III indefinite-delivery/indefinite-quantity contract, Cubic said Tuesday. Cubic Worldwide Technical Services started …

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Raytheon to Upgrade South Korea KF-16 Fighter Jet Radars; Rick Yuse Comments

Raytheon  (NYSE: RTN) has won a contract to upgrade radar systems on board South Korea’s KF-16 fighter jets for an undisclosed amount. The Waltham, Mass.-based company will supply 134 active electronically scanned array radars for the fleet and the first set of deliveries is expected within three years, the Washington …

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Report: Tom Wilburn Appointed Cisco Global Enterprise SVP, CTO

Tom Wilburn, who joined Cisco (NASDAQ: CSCO) in 2005, has been appointed to succeed John McCool as senior vice president and chief technology officer of the global enterprise segment. McCool is leaving the company the company after 17 years and helped grow its corporate mobile and networking equipment unit from …

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