Global Defense Technology and Systems, Inc. opened their initial public offering (IPO) $13 per share. On Friday, the shares went for $13.05, up 0.3 pct above the IPO. The company, based in McLean, VA, sold 4.6 million shares for $59.8 million. Of the offered shares, Global Defense sold 3 million …

Lockheed Martin Corporation has announced four leadership appointments and a realignment within its Electronic Systems business area. The actions are effective in early 2010. “These leadership appointments and the business realignment are the latest steps we’re taking to strengthen program performance and increase operational excellence across the corporation, ” said …

Teaming up with 13 technology providers, Lockheed Martin will form a cybersecurity technology alliance with the aim to find solutions to early-threat detection, protection, and multilayer autonomic self-healing capabilities to solve customers’ problems and meet future challenges. The project also involves construction of a collaboration center called the NexGen Cyber …

Three times is a charm, and the recent elevation of Linda Hudson to head of US operations for BAE Systems makes three Lindas leading large area government contracting operations. Linda Hudson Linda Hudson has replaced General Tony Zinni as the CEO of BAE Systems, Inc.  General Zinni was filling in …

Contract Award – Unisys – Unilever Contract Award – Harris Corporation – $37 Million – SOUTHCOM Contract Award- Raytheon – $28 Million – DISA ExecutiveMove- Alan Stewart of ICF to Retire in 2010 News- Jackson Life Insurance to Use CSC Business Analytics News- Boeing to Assess Falck Schmidt Fuel Cells …

The Defense Advanced Research Projects Agency (DARPA) has awarded a $31 million contract to Lockheed Martin [NYSE: LMT] for new cyber assurance procedures to improve security, dynamic bandwidth allocation, and policy-based prioritization levels at the individual and unit level. John Mengucci, President of Lockheed Martin Information Systems & Global Services-Defense, …

On Friday, Lockheed Martin announced that it has been awarded a contract by the Defense Advanced Research Projects Agency (DARPA) worth $31 million. The contract calls for the company to develop new cyber assurance procedures to improve security, dynamic bandwidth allocation, and policy-based prioritization levels at the individual and unit …

On Tuesday, CA, Inc. appointed Dr. Donald Ferguson its new chief technology officer. He moves into the new role after serving as CA’s chief architect for the past 18 months. In his previous position, Ferguson was integral in the development of new products and in enhancing CA’s product portfolio with …

The U.S. District Court for Texas’ Eastern District, Tyler Division, has ruled in favor of Toronto-based software firm i4i, opining that Microsoft illegally infringed upon the Canadian company’s patent.  i4i’s attorneys successfully argued at a jury trial that began May 11 that Microsoft Word’s XML document processing capabilities “willfully” violated …

Citrix Systems, Inc. has announced that the “Power IT Down Day” alliance of Citrix, Microsoft, Intel and HP will demonstrate their commitment to the August 27 energy awareness event by making a financial donation of at least $20, 000 to Wounded Warrior Project. The donation will remind government and industry of the …