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Search Results for: L3 Technologies

Weekly Roundup Aug 31 – Sep 4 2015: CSC, SRA Unveil Blockbuster Deal & more

Weekly Roundup Aug 31 – Sep 4 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson If you thought the GovCon space was done with or near the end of heavy merger-and-acquisition deals this year, you were wrong. The future Computer Sciences Government Services …

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Weekly Roundup Aug 24 – Aug 28 2015: GovCon Index Mirrors US Markets’ Wild Ride & more

Weekly Roundup Aug 24 – Aug 28 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world has been captivated over the last 10 days by the frenzied selloff in global stock markets then subsequent rebound over the past two days and government …

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Weekly Roundup Aug 17 – Aug 21 2015: Sequestration Discussion Resurfaces, American Systems’ Latest Acquisition & more

Weekly Roundup Aug 17 – Aug 21 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The specter of potential sequestration cuts in fiscal year 2016 — which starts Sept. 30 — surfaced again this week in a letter signed by all 46 Democratic …

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DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program …

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India Plans $2.5B Purchase of Boeing Chinook, Apache Helicopters

India has approved a deal to purchase Boeing-built (NYSE: BA) Chinook and Apache helicopters for approximately \$2.5 billion, Reuters reported Saturday. Nigam Prusty writes the purchase is part of Prime Minister Narendra Modi’s plan to bolster the nation’s military posture. The government also agreed on a proposal by the Indian navy to …

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Jeff Storey: Level 3 Reorganizes Leadership Team Following TW Telecom Buy

Level 3 Communications (NYSE: LVLT) will expand its senior management team upon the closing of its acquisition deal with tw telecom. Jeff Storey, Level 3 president and CEO, said Tuesday the expanded leadership team will be made-up of executives who will aim to help the combined business grow in the enterprise …

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Heavy at the Top: June’s GovCon Exec Move Recap

GovCon saw a number of top position changes and executive-level hires in the month of June, with GovCon Wire covering 20 in all. Three of GovCon’s largest firms will have new CEOs this year, all of whom previously served as COOs at their respective companies Hiring intelligence and information executives was also trending this month …

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June GovCon M&A Activity Recap

Specialty cybersecurity and business analytics companies were in demand in the GovCon acquisition market in June, as a ship repair company acquisition, a spin-off and a major in-house merger capped the M&A landscape. Here are the ten deals GovCon wire covered in June. ITT Exelis acquired Space Computer Corp., a …

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Report: Sikorsky Wins $7.3B Black Hawk Helicopter Deal

United Technologies Corp. (NYSE:UTX) subsidiary Sikorsky Aircraft will provide the U.S. Army, Navy, and Air Force with UH-60 Black Hawk helicopters for the next five years, Reuters reports. The report indicates the $7.3 billion deal is the Defense Department’s eighth multi-year procurement of the “workhorse” helicopters and includes options that could add …

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L-3 Promotes Les Rose, Steven Kantor to Lead Electronic Systems, Natl. Security Groups

L-3 Communications (NYSE: LLL) has made a series of executive moves that will take effect July 31, the company announced Thursday. Les Rose, president of the Stratis division, was appointed president of the national security group and a vice president of L-3. Steven Kantor, vice president and president of the …

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