Search Results for: LMI

Rakesh Sharma: Ultra Electronics to Buy Kratos Division in EW Market Push

Britain-based conglomerate Ultra Electronics has agreed to purchase Kratos Defense & Security Solutions‘ electronic products division for up to $265 million in cash in order to push further into the electronic warfare market. Ultra said Monday Kratos will receive $260 million upfront and up to $5 million in potential additional payments under the …

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Christopher Miller: Pentagon Kicks Off Multibillion Dollar EHR Modernization Contract Bidding

The Defense Department has started to formally accept bids for a multibillion dollar contract to help the Pentagon build an integrated health records system, DoD News reported Monday. Jim Garamone writes DoD requires the architecture to be interoperable with the Department of Veterans Affairs‘ EHR platform and with private-sector EHR systems to allow data sharing …

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Mac Curtis: The SI Organization Changes Name to Vencore

The SI Organization has rebranded itself as Vencore to highlight the systems engineering provider’s renewed focus on its core business in engineering, cybersecurity and data analytics. The Chantilly, Virginia-based firm said the name change, announced Wednesday, is the culmination of recent business purchases that called for a logo that would encompass its newly acquired …

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Booz Allen Unveils New Approach to Address Reform; Angela Zutavern Comments

Booz Allen Hamilton has rolled out a program designed to help enterprises deal with what Angela Zutavern, vice president and Strategic Innovation Group  leader, terms as the “new normal” of constant change associated with reforms and compliance. The Reform service includes strategies intended to provide guidance on how to implement the required changes …

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Report: Booz & Co. Partners Approve Merger with PwC, to Be One of Largest Accounting M&A Deals of Past Decade; Cesare Mainardi Comments

Partners at Booz & Company have “overwhelmingly” approved the company’s merger with PwC in what the Wall Street Journal reports will be one of the largest M&A deals closed by an accounting firm in the past decade. Booz & Co. said the companies anticipate finalizing the deal in the first …

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DHS Adds 18 Teams to Potential $22B EAGLE II IDIQ

The Department of Homeland Security has added 18 teams of contractors to the agency’s potential seven-year, $22 billion EAGLE II vehicle for information technology support services. Eleven contracts went to companies for business and technical management services and seven awards are for service delivery across the lifecycle of DHS technology …

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Ann Dunwoody Elected to L-3 Board of Directors; Michael Strianese Comments

Ann Dunwoody, a retired U.S. Army general and the first female four-star general in U.S. military history, has been elected to the board of directors at L-3 Communications (NYSE: LLL). The nearly four-decade military veteran led the Army Materiel Command from 2008 to 2012 and managed nearly 69, 000 staff …

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Bill Milligan Appointed FCi Federal CFO

Bill Milligan, a three-decade financial management and operations veteran, has joined Leesburg, Va.-based professional services contractor FCi Federal as vice president of business operations and chief financial officer. He will apply his background in fiscal areas such as taxes and mergers and acquisitions as the company aims to grow its …

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EADS Stockholders Approve Ownership Change, Share Buyback

EADS shareholders overwhelmingly approved changes to the aerospace and defense conglomerate’s ownership structure and a 15 percent share buyback plan, Reuters reports. According to Tim Hepher’s report, EADS CEO Tom Enders said the changes would change government involvement in the group from regulator to customer and give management independence. France and …

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Exelis Wins Intl Order for “Wide Range” of Comms Equipment; Nick Bobay Comments

ITT Exelis (NYSE: XLS) will supply an international customer with a “wide range” of communications equipment that includes radios and spare parts for radio systems under a recently announced contract. The McLean, Va.-based aerospace, defense and information solutions contractor will take in $11.6 million for the equipment from its SpearNet …

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