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 …

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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 …

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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 …

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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. …

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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. …

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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 …

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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 …

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Tech Services Contractor VT Group Rebrands as VTG; John Hassoun, Sunil Ramchand Quoted

John Hassoun CEO VTG

VT Group has changed its name to VTG and combined its enterprisewide capabilities under a single model for customer delivery as part of efforts to provide an expanded range of sustainment and engineering services to defense agency clients and reflect the platforms it now offers across aerospace, naval, network and digital domains.

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Booz Allen, Systems Engineering Solutions to Support HUD’s IT Modernization CoE Implementation Phase

The General Services Administration and the Department of Housing and Urban Development have awarded contracts to Booz Allen Hamilton (NYSE: BAH) and Systems Engineering Solutions to support the second phase of HUD’s information technology modernization through the Centers of Excellence program.

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