Home / Search Results for: Thomas Kennedy (page 5)

Search Results for: Thomas Kennedy

Weekly Roundup September 26 – September 30 2016: Another Shutdown Averted as FY 2017 Starts & more

September 26 – September 30 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The 2016 federal fiscal year ends today and so has — for now — fears over another government shutdown as President Barack Obama signed a bill late Thursday to extend funding …

Read More »

Vista to Buy Actua’s GovDelivery Business for $153M in Public Sector Market Push; Patrick Severson Comments

Vista Equity Partners has agreed to purchase cloud computing government technology business GovDelivery from Actua (Nasdaq: ACTA) for $153 million in a push to expand the private equity firm’s presence in the public sector market. The companies said Monday they expect the transaction to close in the fourth quarter of 2016 in a deal subject to closing conditions. …

Read More »

Raytheon Posts 9% Sales Jump in 1Q on Missile Sales, Lifts Full-Year Earnings Outlook Despite 1Q Profit Decline

Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 — has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first quarter revenue increased 8.88 percent from the …

Read More »

Northrop Grumman Partners With MACOM on Radar Tech Development

TYSONS CORNER, VA, January 21, 2016 — Northrop Grumman (NYSE: NOC) will help develop radar array systems that use the active antenna technology of M/A-COM Technology Solutions (Nasdaq: MTSI) as part of a teaming agreement between the companies, ExecutiveBiz reported Wednesday. MACOM said Tuesday the partnership works to deliver commercial radar systems …

Read More »

Roundup of 2015: A Year Defined by Deals Ends w/ One in Congress & more

Roundup of 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson (This is the last edition of the Roundup for 2015. Thank you for your readership and participation, have a great Christmas & New Year’s and see you again in 2016.) $15 …

Read More »

CRN: Raytheon Cyber JV Inks Deal for McAfee Firewall Businesses

A cybersecurity joint venture majority-owned by Raytheon (NYSE: RTN) has agreed to acquire the McAfee Firewall Enterprise and Next-Generation Firewall businesses from Intel’s (Nasdaq: INTC) security arm, CRN reported Tuesday. Raytheon|Websense CEO John McCormack told employees in a memo obtained by CRN the acquisition seeks to expand the venture’s security talent base and Triton security offering’s …

Read More »

Raytheon Posts 3Q Profit Decline on Websense Costs, Boosts Full-Year Revenue Guidance

Raytheon (NYSE: RTN) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.47 per share, a 10.9 percent decline from the same period in 2014 and 4 cents above Wall Street expectations. Raytheon held to its full-year earnings outlook of $6.47-to-$6.62 per share and …

Read More »

John Harris Appointed Raytheon International CEO; William Swanson Comments

John Harris II, formerly a business unit general manager at Raytheon (NYSE: RTN), has been promoted to CEO and vice president of business development for Raytheon International, the missile maker’s international business organization. The appointment is effective immediately and he succeeds Thomas Culligan, who will retire from the company Dec. 31 after …

Read More »

Raytheon Wins Jordan Border Security System IDIQ; John Harris Comments

Raytheon (NYSE: RTN) has won a three-year, $35.9 million contract from the Defense Threat Reduction Agency to build a border security and surveillance system for a partner nation. The company will design and develop the system along sections of Jordan’s border under the CTR Integrating contract, awarded in June 2011, Raytheon …

Read More »