Mary-Louise Hoffman

Dell Shareholders OK $25B Buyout Offer From Founder, Silver Lake

Dell (NASDAQ: DELL) shareholders have given preliminary approval to a $24.9 billion buyout offer from founder and CEO Michael Dell and investment firm Silver Lake Partners that would take the computer manufacturer private. The sale is slated to close before the end of the third quarter of Dell’s fiscal year 2014 …

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Darryl Albertson Named Cubic HR VP

Darryl Albertson has been appointed vice president of human resources at Cubic Corp. (NYSE: CUB) and will oversee areas such as talent acquisition, compensation, benefits, employee relations, training and organizational development. The 25-year HR professional assumed the role on Monday and works in San Diego, Cubic announced Thursday. Albertson previously …

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Lockheed-Led Team to Build Future NATO HQ Network Infrastructure; Angela Heise Comments

Lockheed Martin (NYSE: LMT) will lead a team of six companies to develop a network infrastructure for NATO’s future headquarters complex in Brussels, Belgium under a potential $100 million contract. Cisco (NASDAQ: CSCO),  Dell (NASDAQ: DELL),  Microsoft (NASDAQ: MSFT),  Prodata Systems and SELEX Elsag will work with Lockheed to build the network for facilitating communication among NATO …

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Todd Olson Named a GTRI Public Sector Business Development Manager; Steve Foster Comments

Todd Olson, formerly an information technology executive in Colorado’s state government, has joined Global Technology Resources Inc. as business development manager for state and local government and education. He will oversee business development processes and go-to-market strategic programs, GTRI said Tuesday. Olson will report to Robert Berger, business development director “With …

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Gerald Beaman Named President of Kratos’ New Drone Division; Eric DeMarco Comments

Gerald Beaman, a retired U.S. Navy vice admiral and ex-FBI special agent, has been appointed president of the newly formed unmanned combat aerial systems division at Kratos Defense & Security Solutions (NASDAQ: KTOS). He brings 35 years of military experience to the role and will work to develop strategic programs in …

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Iridium Unveils Turnkey Payload Services Program; Matt Desch Comments

Iridium Communications (NASDAQ: IRDM) has launched a turnkey program intended to provide customers new hosted payload opportunities for space missions. The Prime initiative seeks to offer customers a suite of launch, ground infrastructure, high-speed inter-satellite links, two-way payload control and global coverage services, Iridium said Monday. David Anhalt, a retired …

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SAIC Wins $100M Threat Reduction Logistics IDIQ; Mark Escobar Comments

Science Applications International Corp. (NYSE: SAI) has won a potential $100 million contract to provide logistics support to the Defense Threat Reduction Agency for global operations. The single-award, indefinite-delivery/indefinite-quantity contract has three base years and two one-year options,  the company said Thursday. SAIC will help DTRA manage material procurements, shipping, warehousing, travel …

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ATK to Buy Bushnell for $985M Cash; Mark DeYoung Comments

ATK (NYSE: ATK) has agreed to buy outdoor sporting goods maker Bushnell Group Holdings for $985 million cash in a move aimed at expanding ATK’s commercial and security ammunition portfolio. ATK expects to close the deal within the last two quarters of its 2014 fiscal year and expects the acquisition to …

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Paul Adams to Succeed David Hess as Pratt & Whitney President; Alain Bellemare Comments

Paul Adams, chief operating officer at United Technologies Corp. (NYSE: UTX) subsidiary Pratt & Whitney, will lead the subsidiary as president starting on Jan. 1, 2014. Adams will succeed the retiring David Hess, a 34-year veteran of UTC who has led Pratt & Whitney since 2009, UTC said Tuesday. Alain Bellemare, president and …

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Microsoft to Pay $7.2B for Nokia’s Phone Business, Patent Licenses; Steve Ballmer Comments

Microsoft (NASDAQ: MSFT) has agreed to acquire the cellphone business and license the patents of Nokia for $7.2 billion in cash as Microsoft seeks to increase its footprint in the mobile device market. The transaction is subject to approval from Nokia stockholders and regulatory clearances and Microsoft expects the transaction …

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