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Weekly Roundup Feb. 29 – Mar. 4 2016: Former DoD Logistics Head to Steward PSC & more

Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in …

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LookingGlass to Acquire QinetiQ’s Cyveillance Threat Intell Business for $35M

LookingGlass Cyber Solutions has agreed to acquire online monitoring and threat intelligence business Cyveillance from British defense technology contractor QinetiQ Group for approximately $35 million in cash. Chris Coleman, CEO of LookingGlass, said Friday his company aims to build a comprehensive intelligence-based platform for security professionals to manage business risks and threats. Arlington, Virginia-based …

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WSJ: IBM Nears Deal to Acquire The Weather Company’s Digital Portfolio

IBM (NYSE: IBM) is close to finalizing an agreement to acquire The Weather Co.‘s digital and data assets from a Bain Capital–Blackstone–NBCUniversal consortium, The Wall Street Journal reported Tuesday. Suzanne Vranica and Robert McMillan write the companies could unveil the transaction as early as Wednesday and WSJ estimates the assets …

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WSJ: NASA Space Cargo Transport Competition Down to 4 Bidders

NASA has narrowed the list of bidders in a $14 billion industry competition to support the agency’s cargo resupply missions to the International Space Station, the Wall Street Journal reported Thursday. Andy Pasztor lists Boeing (NYSE: BA), Orbital ATK (NYSE: OA), Sierra Nevada and SpaceX as the remaining contenders for …

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John Sanders Joins OGSystems Board; Omar Balkissoon Comments

TYSONS CORNER, VA June 4, 2015 — GovCon Executive reported Wednesday on John Sanders joining OGSystems’ board of directors, bringing with him years of leadership experience and insights through his work with security technologies and risk-based security initiatives. Prior to OGSystems, Sanders was chief technology officer at the Transportation Security …

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Report: UTC in Talks With Potential Sikorsky Buyers

United Technologies Corp. (NYSE: UTX) has begun discussions with other companies about a potential sale of UTC’s Sikorsky Aircraft subsidiary, the Wall Street Journal reported Tuesday. Citing several sources, Dana Mattioli and Ted Mann write that Airbus Group, Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are considering making offers …

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Report: Poland Selects Raytheon for Missile Defense System Contract

Poland has decided to award Raytheon (NYSE: RTN) a contract to build a midrange missile defense system for the Polish military, Reuters reported Tuesday. Marcin Goettig cites a report from Gazeta Wyborcza newspaper that says Polish government and defense leaders are scheduled to hold a press conference Tuesday to discuss Poland’s military …

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Informatica Enters $5.3B Cash Buyout Deal

Informatica (NASDAQ: INFA) has agreed to be acquired by a Permira Advisers–Canada Pension Plan Investment Board alliance for approximately $5.3 billion, or $48.75 per share in cash, the Wall Street Journal reported Tuesday. The transaction will take the California-based data management software company private and marks the biggest U.S. leveraged …

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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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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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