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Jane Edwards

Reginald Brothers, Heidi Shyu, Camille Nichols join CTC board; Ed Sheehan comments

Former government and military leaders Reginald Brothers, Heidi Shyu and Camille Nichols have been elected to the board of directors of Concurrent Technologies Corp. Ed Sheehan, CTC president and CEO and vice chairman of the board, said in a statement published Monday he expects the three new board members to offer guidance …

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Noblis NSP Merges Into Parent Nonprofit Org

Noblis has merged a wholly owned subsidiary, Noblis NSP, into the nonprofit science and technology organization in a move to consolidate service delivery efforts for law enforcement and intelligence agency clients. Ellen McCarthy, former president of Noblis NSP, will transition into the role of vice president of intelligence and analytics …

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State Dept OKs Germany’s $2.5B Request for Northrop MQ-4C Triton Drones

The State Department has given Germany the green light to procure four Northrop Grumman-built (NYSE: NOC) MQ-4C Triton unmanned aircraft systems from the U.S. government through a potential $2.5 billion foreign military sales agreement. Northrop and Airbus’ defense and space business will serve as prime contractors in the proposed FMS …

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A&M Capital Buys Majority Stake in CNSI

Alvarez & Marsal Capital has acquired a controlling interest in Rockville, Maryland-based health information technology systems provider CNSI for an undisclosed sum. Jack McCarthy, senior managing director and co-founder of A&M Capital, said in a statement published Wednesday CNSI’s proven results and technical leadership position the company for future growth …

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KippsDeSanto: Govt Tech Sector Eyes Increased Scale, Expanded IT Capabilities Via M&As

KippsDeSanto & Co. said it believes General Dynamics’ (NYSE: GD) acquisition of CSRA shows the continued focus of government technology sector buyers on efforts to build up scale and expand next-generation information technology capabilities through mergers and acquisitions. General Dynamics’ IT business will realize approximately $10 billion in annual revenue following …

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State Dept Clears Potential $2.91B F-16 Aircraft Sale to Slovakia

The State Department has approved Slovakia’s request to buy 14 F-16 Block 70/72 V configuration aircraft and related equipment and services from the U.S. government through a potential $2.91 billion foreign military sales agreement. Lockheed Martin (NYSE: LMT) will act as the prime contractor in the proposed deal in support of Slovakia’s …

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NAVSEA Moves to Address Potential OCI in General Dynamics-CSRA Combination

The U.S. Navy has initiated several measures to avoid any potential organizational conflict of interest that may emerge following the completion of General Dynamics’ (NYSE: GD) $9.7 billion acquisition of CSRA. The Naval Sea Systems Command said Tuesday it asked General Dynamics and CSRA to hand over to a third party …

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Orolia to Buy Talen-X in PNT Tech Expansion Push

Lanham, Maryland-based Orolia has agreed to purchase GPS and global navigation satellite system threat mitigation platforms provider Talen-X for an undisclosed sum. Orolia CEO Jean-Yves Courtois said in a statement published Tuesday the acquisition seeks to reinforce the company’s position as an assured positioning, navigation and timing technology platforms provider …

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Curtiss-Wright Wraps Up $212M Dresser-Rand Govt Business Acquisition

Curtiss-Wright (NYSE: CW) has closed its $212.5 million cash acquisition of the Dresser-Rand government business from Siemens in a move to expand aftermarket support for the U.S. Navy and footprint on the service branch’s nuclear ships. Dresser-Rand will mainly focus its sales efforts on the naval defense market and will now operate as part of …

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General Dynamics Closes $9.7B CSRA Purchase

General Dynamics (NYSE: GD) has concluded its approximately $9.7 billion acquisition of CSRA (NYSE: CSRA) in a push to establish a combined government information technology services contractor. CSRA will operate as part of General Dynamics’ IT business and will stop trading on the New York Stock Exchange as a result of …

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