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Jane Edwards

Reports: Lockheed, DoD Reach ‘Handshake’ Deal for Lot 11 F-35s

Lockheed Martin (NYSE: LMT) and the Defense Department have reached a “handshake agreement” for the company to produce 141 F-35 fighter aircraft for the U.S. and foreign partners, Defense News reported Sunday. Ellen Lord, defense undersecretary for acquisition and sustainment, said in a statement the joint program office and Lockheed are …

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Kathy Warden to Succeed Wes Bush as Northrop CEO in 2019

Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC) and a three-time Wash100 recipient, has been elected to serve as president and CEO of the company in a move slated to take effect Jan. 1. She will succeed Wes Bush, who will continue to serve as chairman …

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Report: Engility In Talks With CACI, SAIC Over Potential Sale

Engility (NYSE: EGL) is reportedly in talks with defense contractors such as Science Applications International Corp. (NYSE: SAIC) and CACI International (NYSE: CACI) as it considers putting itself up for sale, Reuters reported Thursday. Sources told Reuters that discussions are still in the early stages and may not result in a transaction. …

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L3 to Buy Cyber Firms Linchpin Labs, Azimuth Security for $200M; Christopher Kubasik Comments

L3 Technologies (NYSE: LLL) has agreed to purchase information security firms Linchpin Labs and Azimuth Security for approximately $200 million combined in a push to develop synergies for future growth and build up its cyber, surveillance and intelligence collection capabilities. L3 said Wednesday the acquired companies will operate as L3 …

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Vishal Gupta Named Unisys CTO, Technology SVP; Peter Altabef Comments

Vishal Gupta, senior vice president for engineering at Symantec (Nasdaq: SYMC), will serve as chief technology officer and SVP for technology at Unisys (NYSE: UIS) starting Aug. 31. He will directly report to Unisys CEO Peter Altabef and succeed Tarek El-Sadany, who will leave by the end of August to …

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Perspecta to Offer Data Mgmt Support Under $920M NGA Janus Geography IDIQ; Mac Curtis Comments

Perspecta (NYSE: PRSP) will provide geography data integration, validation and creation support services for the National Geospatial-Intelligence Agency under a potential 10-year, $920 million indefinite-delivery/indefinite-quantity contract awarded in May. The company said Monday it will merge its open-source data acquisition strategy with artificial intelligence and machine learning to help build up …

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Pivotal’s Keith Salisbury: Modern Approach to Software Dev’t Key to Transforming Mission Execution

Keith Salisbury, vice president for federal business at Pivotal Software (NYSE: PVTL), has said government agencies should adopt a rapid and modern approach to software development in order to build and deploy applications within days and immediately execute their missions. Salisbury wrote that agency leaders should assess if they consider …

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Report: EchoStar Calls for Talks With Inmarsat Board Over $3.2B Takeover Offer

Colorado-based EchoStar (Nasdaq: SATS) called on Inmarsat to initiate discussions with shareholders about its $3.2 billion takeover offer and that it would pursue the bid if given a deadline extension, Reuters reported Friday. EchoStar has until Friday, July 6, to decide whether to present a firm offer for Inmarsat or drop the …

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Deborah Ricci Joins Veritas-Owned PwC Public Sector as CFO; Scott McIntyre Comments

Deborah Ricci, formerly chief financial officer of Constellis, has been appointed to the same role at PwC’s former public sector arm that New York-based private equity firm Veritas Capital acquired in May. She brings to her position 25 years of finance, accounting, contracts, information technology and human resources management experience …

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Transportation Dept Issues 2 Draft Solicitations for Enterprise IT Shared Services IDIQ

The Transportation Department has released two draft solicitations for a potential seven-year, $700 million indefinite-delivery/indefinite-quantity contract for enterprisewide information technology shared services. A FedBizOpps notice posted June 26 says the Enterprise IT Shared Services contract has a base term of two years that is set to begin on Oct. 1 …

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