Search Results for: KEYW

Fred Funk Named President for Cyber, Sigint at Vistronix; John Hassoun Comments

Fred Funk, formerly senior vice president of the national security group at Preferred Systems Solutions, has joined Vistronix as president of cyber and signals intelligence systems. Funk will oversee the company’s strategy, operations and business development efforts focused on the National Security Agency, Vistronix said Tuesday. “As the size, scale and …

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WSJ: VMware Backs Out From Cloud Joint Venture Plan With EMC

VMware (NYSE: VMW) has canceled plans to form a joint venture with EMC (NYSE: EMC) that will work to combine both companies’ cloud services, the Wall Street Journal reported Monday. Don Clark writes that a spokesman for VMware told the Journal the company will continue to run vCloud Air as a separate …

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Weekly Roundup Aug 24 – Aug 28 2015: GovCon Index Mirrors US Markets’ Wild Ride & more

Weekly Roundup Aug 24 – Aug 28 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world has been captivated over the last 10 days by the frenzied selloff in global stock markets then subsequent rebound over the past two days and government …

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Air Force Releases Specs for Trainer Jet Replacement Program

The U.S. Air Force has published a set of capability requirements for the military service’s future T-X trainer aircraft, Defense News reported Friday. Aaron Mehta writes USAF’s top-level trainer specifications call for sustained G, simulator visual acuity and performance and aircraft sustainment. Other system requirements include aerial refueling, a 10-knot …

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William LaPlante: Air Force Could Use Cost-Plus Contract to Procure Long-Range Bomber

William LaPlante, assistant secretary for acquisition at the U.S. Air Force, said he expects the military branch to use a cost-plus pricing strategy for the service’s long-range strike bomber development program, Defense News reported Thursday. “My belief on the LRS-B is its going to be more traditional, ” LaPlante told …

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Report: Symantec to Acquire Tech Rights of Boeing’s Cybersecurity Business Narus

Symantec (NASDAQ: SYMC) has agreed to purchase technology rights from Boeing‘s (NYSE: BA) Narus subsidiary as Symantec looks to grow its presence in the commercial cybersecurity market, the Wall Street Journal reported Monday. Danny Yadron and Doug Cameron write Symantec aims to leverage a Narus-made Internet filter technology to help …

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Japan Chooses Bell Boeing-Built Osprey Aircraft, Northrop’s Global Hawk ISR System; Caroline Hutcheson Comments

Japan has moved to purchase the Bell Boeing (NYSE: BA)-built V-22 Osprey tiltrotor aircraft for an undisclosed amount through a foreign military sale agreement with the U.S. government, Defense News reported Friday. Aaron Mehta writes the East Asian nation also procured the Northrop Grumman (NYSE: NOC)-developed Global Hawk unmanned surveillance system and E-2D Hawkeye aircraft. Boeing spokesperson …

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Report: Israel to Place 2nd Lockheed F-35 Order

Israel will order 25 Lockheed Martin (NYSE: LMT) F-35A fighters in addition to the 19 jets the nation committed to buy in 2010 from the U.S. government, Defense News reported Wednesday. Aaron Mehta writes the government of Israel ordered a first set of Lockheed-built conventional takeoff and landing fighters four …

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Fred Funk Takes SVP Role at Preferred Systems Solutions; Scott Goss Comments

Fred Funk, formerly a co-founding executive at The KEYW Holding Corp. (NASDAQ: KEYW), has joined Preferred Systems Solutions as senior vice president of the national security group. He will be responsible for the company’s intelligence operations, business development and merger and acquisition strategies within the intelligence community, PSS said Sept. 23. “We are extremely fortunate to have …

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Haden Land: Lockheed’s Newly Formed Israeli Subsidiary to Focus on Security Tech Offerings

Lockheed Martin (NYSE: LMT) has created an Israel-based business unit to offer cybersecurity tools and other enterprise information technology products to customers in that country, The Wall Street Journal reported Monday. Amir Mizroch writes that Lockheed formed the Israeli subsidiary to also pursue defense contracts as well as technology partnership …

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