Home / Search Results for: vt systems (page 3)

Search Results for: vt systems

Andy Teich: FLIR Systems Eyes Security Tech Portfolio Growth Through $92M DVTEL Buy

FLIR Systems (Nasdaq: FLIR) has bought New Jersey-based video surveillance hardware and software maker DVTEL for about $92 million cash in a push to expand security product offerings. Andy Teich, FLIR president and CEO, said in a statement released Monday the acquisition complements FLIR’s strategy to deliver end-to-end technology platforms in …

Read More »

Comtech to Buy TeleCommunication Systems for $431M in US Govt Contract, Public Safety Expansion Push

Melville, New York-based Comtech Communications (Nasdaq: CMTL) has agreed to purchase Telecommunication Systems (Nasdaq: TSYS) for approximately $430.8 million cash in a deal aimed to create a company with a balanced footprint in both the U.S. government contracting and public safety markets. Comtech said Monday it expects to close the transaction by the end …

Read More »

Barbara Humpton: Energy, Automation, Unmanned Systems Focus of Long-Term Goals at Siemens Govt Technologies

TYSONS CORNER, VA, November 17,  2015 — Barbara Humpton, president and CEO of Siemens Government Technologies, points to distributed energy, automation and unmanned systems as key to her long-term goals at the company. She told ExecutiveBiz in an interview published Nov. 10 that these areas have growth potential in the federal government sector …

Read More »

Harris Govt Comm Systems 1Q Revenue Up 5%; William Brown Comments

Harris Corp. (NYSE: HRS) has announced financial results for its first quarter of fiscal year 2013, reporting a 5 percent year-over-year increase in revenue for the government communications systems segment. Revenue for the segment totaled $465 million during the most recent quarter, compared with $444 million in the prior-year period. …

Read More »

VT Group’s Dave Dacquino on New Unmanned Systems Lead Daniel Bertram

VT Group has hired Daniel Bertram to lead the firm’s Unmanned Systems business. According to the firm, “he will have responsibility for the vertical and horizontal expansion of VT Group’s Unmanned Systems services offering worldwide.” “We are excited to have Daniel Bertram join VT Group, ” CEO Dave Dacquino said. …

Read More »

VT Group Buys Evergreen Unmanned Systems; CEO Dave Dacquino Comments

VT Group has a deal in place to purchase the Evergreen Unmanned Systems business unit of Evergreen International Aviation Inc. Evergreen Unmanned Systems supports Unmanned Aircraft Systems (UAS) with focus on training, logistics, operations, payload integration and testing to a range of government and commercial customers. “Over the next 10 …

Read More »

M&A Activity – BAE Systems Acquires BVT Surface Fleet Limited

BAE Systems announced that it has purchased VT Group’s 45% shareholding in BVT Surface Fleet Limited (BVT), making BVT a wholly-owned subsidiary of BAE Systems.  BVT will be renamed BAE Systems Surface Ships Limited. Nigel Whitehead, BAE Systems’ Group Managing Director, Programmes & Support, said of the acquisition, “Bringing BVT …

Read More »

EM’s Weekly Roundup: AECOM Sells Management Services Business to American Securities for $2.4B, Leidos Wins Two Huge Contracts, POC Announces Panelist for Unmanned Systems in the Future Fight, Executive Moves & Weekly Top 10 Stories

AECOM has entered into a definitive agreement to sell its management services business to affiliates of American Securities and Lindsay Goldberg for $2.4 billion, the company announced on Monday. The transaction has been unanimously approved by the company’s board of directors and is subject to customary closing conditions and regulatory …

Read More »