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Search Results for: HIG Capital

Dell Acquires Cloud Solutions Provider, Forms New Enterprise Org.; Marius Haas Comments

Dell has announced the purchase of cloud provider Gale Technologies in addition to the formation of a new enterprise systems & solutions organization to be led by Dario Zamarian, vice president and general manager. According to a Dell statement, the terms of the transaction were not disclosed and Gale helps customers turn discrete compute, …

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Navy Preparing Counter-Networks and Illicit Trafficking $5B Contracting Program

The Naval Air Warfare Center’s new counter-networks and illicit trafficking program office is preparing a $5 billion contracting program that will provide operations support to its mission to stop smugglers and terrorists. According to a Washington Post article, the five-year contract calls for building hardware and software, managing training, conducting …

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GeoEye, DigitalGlobe Boards Approve $900M Merger; Matt O’Connell Comments

The boards of directors at GeoEye (NASDAQ: GEOY) and DigitalGlobe (NYSE: DGI) have approved a merger, which will be a combined stock and cash transaction worth approximately $900 million. The companies said Monday they expect to complete the transaction in either the fourth quarter of 2012 or the first quarter …

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Harris To Provide Special Ops Command $81M In Radios

Harris Corp. (NYSE: HRS) received an $81 million delivery order to provide the U.S. Special Operations Command with tactical radios, the company announced Tuesday. The company holds a contract to support the command’s capital replacement program, developed to modernize the command’s tactical radios. Harris will supply Falcon III AN/PRC-117G wideband …

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Fluor CEO David Seaton Succeeds Alan Boeckman as Fluor Chairman

Fluor Corp. CEO David Seaton has succeeded Alan Boeckman as chairman of Fluor’s board of directors. Seaton assumed the post Feb. 2 after Boeckman retired from the firm, Fluor announced Thursday. Boeckman had served as non-executive board chairman for a year after serving nine years as Fluor’s chairman and CEO. …

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Kratos Acquires Infrastructure Security, Public Safety Competitor

Kratos Defense & Security Solutions (NASDAQ: KTOS) has acquired assets of a publicly traded infrastructure security and public safety systems integrator for $20 million cash, according to a company announcement. Kratos said it expects the deal to increase its earnings per share in the year after closing and generate between $35 …

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CSC Names Mike Shove COO of Managed Services

Computer Sciences Corp. (NYSE: CSC) has named Mike Shove as chief operating officer of its managed services sector, the company announced in a release today. As COO, Shove will provide operational leadership throughout the organization,  and will focus his efforts on meeting financial commitments, improving operational competitiveness and ensuring delivery of exceptional client service. “Mike brings …

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SAIC, Red Hat Collaborate on DOD Cloud Platform, Adoption

Following a recently announced cybersecurity partnership with McAfee,  SAIC (NYSE: SAI) has embarked on a second collaboration with Red Hat Inc. (NYSE: RHT) to develop cloud computing technologies for the Defense Department, contractors and other businesses. The companies will work to capitalize on open source technologies and introduce commercial patterns and practices that reduce costs and …

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Neustar Profits Rise 11% in 3Q, EPS Up 21%

Neustar Inc. (NYSE: NSR) on Oct. 11 announced financial results for its third quarter ended Sept. 30, 2011. The company reported that it earned 51 cents per diluted share, a 21 percent increase over the same period a year ago. Neustar also said it generated $152.5 million in revenue, an 18 …

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CACI Releases Quarterly Financial Results; CEO Paul Cofoni Comments

CACI International (NYSE: CACI) released its fourth quarter fiscal year 2011 financial results on Aug. 18. CACI reported its diluted earnings per share rose 49.3 percent year-over-year to $1.44 from $0.96. Fourth quarter net income was $45.9 million, a 53.5 percent increase over $29.9 million in the 2010 period. The company’s revenue …

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