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Mary-Louise Hoffman

Intel Buys Health Monitoring Device Maker BASIS Science

Intel (NASDAQ: INTC) has wrapped up its purchase of wearable health and wellness tracking device manufacturer BASIS Science for an undisclosed amount. The BASIS Science acquisition is part of Intel’s efforts to further develop systems on a chip and related technologies for the wearable devices market, Intel said Tuesday. Jef …

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FAA Approves Boeing ScanEagle UAV for Commercial Use; Paul McDuffee Comments

Boeing‘s (NYSE: BA) Insitu subsidiary has been authorized by the Federal Aviation Administration to fly an unmanned aerial vehicle for a commercial project, the Puget Sound Business Journal reported Monday. Steve Wilhelm writes the FAA gave Insitu permission to operate three ScanEagle drones to support environmental surveillance work by energy …

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Palo Alto Networks to Buy Israeli Cyber Firm Cyvera for $200M

Palo Alto Networks will pay approximately $200 million to purchase the outstanding capital stock of Israeli threat prevention technology provider Cyvera. The companies expect to close the deal in the second half of this year after customary regulatory approvals have been completed, Palo Alto Networks said Monday. The acquisition is intended …

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Jennifer Crozier: IBM, Local Govts Partner for ‘Smart Cities’ Grant Program

IBM (NYSE: IBM) has selected 16 cities and counties around the world to receive $500, 000 worth of consulting services each as part of the company’s Smarter Cities initiative. The company launched the annual grant program in 2011 to help government agencies develop solutions for water, food, public safety, employment, transportation …

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Matt Wolken: Dell Seeks Analytics Portfolio Growth With StatSoft Purchase

Dell has bought predictive analytics software developer StatSoft for an undisclosed amount as part of efforts to grow Dell’s enterprise data management offerings. StatSoft’s products are designed to help enterprises predict business trends, manage operational systems and visualize big data on premise or in the cloud, Dell said Monday. Matt …

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Orlando Carvalho: South Korea, US Could Ink Finalized F-35 Agreement This Year

South Korea has decided to acquire Lockheed Martin-built (NYSE: LMT) F-35 fighter jets through a foreign military sales process with the U.S. The South Korean government evaluated and selected the F-35 Lightning II aircraft under that country’s F-X fighter acquisition program, Lockheed said Monday. Orlando Carvalho, Lockheed executive vice president …

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Chuck Dabundo Named Boeing Military Aircraft Chief Engineer, VP in Leadership Reorg

Boeing (NYSE: BA) has promoted four of its executives to new positions within its military aircraft business and the promotions are scheduled to take effect April 1. Chuck Dabundo, who has led the H-47 transport helicopters program since January 2013, will move to the role of group chief engineer and …

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Ray Duquette: CAE to Build Poseidon Simulation Hardware for Navy’s ‘Synthetic Training’

CAE (NYSE: CAE) has been awarded a contract to manufacture additional flight simulation and training equipment for Poseidon maritime surveillance planes that Boeing (NYSE: BA) builds for the U.S. Navy. Boeing has ordered CAE hardware for six P-8A operational flight trainers and five P-8A desktop environment trainers, CAE said Thursday. The …

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SecureAlert Agrees to Buy Monitoring Tech Maker GPS Global; Guy Dubois Comments

SecureAlert has moved to grow its electronic monitoring business by striking a deal to acquire GPS Global Tracking & Surveillance System Ltd. for an undisclosed sum. The purchase is intended to add surveillance technology and service offerings for personal, vehicle, and facility usage to SecureAlert’s portfolio, SecureAlert said Tuesday. SecureAlert expects …

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Lockheed to Update Egypt’s F-16 Electronic Warfare Tech

Lockheed Martin (NYSE: LMT)has been awarded a $6.9 million contract modification to update electronic warfare systems on the Egyptian military’s F-16 fighter fleet, Military &  Aerospace Electronics reported Wednesday. John Keller writes Lockheed will equip the Egyptian F-16 program with three EW memory loader verifiers, 24 radar warning receivers and …

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