Search Results for: L3

QinetiQ Appoints New Business Development SVP; Mike Stolarik Comments

QinetiQ North America has appointed Jerry Hogge senior vice president of business development, the company announced Monday. QinetiQ said Hogge will be responsible for acquiring new business and will oversee the strategic direction of business development activities. “As head of our business development organization, Jerry brings a wealth of experience …

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Lockheed Shareholders to Vote on Separating CEO, Chairman Duties

In a Dec. 19 filing with the Securities and Exchange Commission, Lockheed Martin Corp. (NYSE: LMT) indicated it has received several proposals from its shareholders for the company to separate the roles of CEO and chairman of the board of directors. Robert Stevens currently holds both positions at the company. Company shareholders will …

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Boeing Names Former Continental CEO Larry Kellner as Board Director; Jim McNerney Comments

Boeing‘s (NYSE: BA) board of directors has appointed Lark Kellner as a new director of the board, where he will serve on the audit and finance committees. Kellner, 52, is president of Houston-based private equity firm Emerald Creek Group and served as CEO of Continental Airlines from 2004 through 2009. …

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URS’ Government Cloud Portal Now Available; Randy Wotring Comments

  URS‘ (NYSE: URS) IT business URS-Apptis has obtained an authority to operate its FedCloud.com service portal, which provides infrastructure as a service to the U.S. government. Government agencies can now more easily purchase cloud computing infrastructure using a blanket purchase agreement for IaaS from the General Services Administration. The …

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Intelligent Decisions Partners with Visual Computing Firm for Army Training; Harry Martin Comments

Intelligent Decisions has formed a partnership with government visual computing provider Quantum3d, inc. to improve the U.S. Army‘s training of dismounted soldiers. Intelligent Decisions will use Quantum’s immersive training platform in its close combat tactical training and dismounted soldier training system, which is led by the Army’s program executive office for …

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CACI Releases Quarterly Financial Results; CEO Paul Cofoni Comments

CACI International (NYSE: CACI) released its fourth quarter fiscal year 2011 financial results on Aug. 18. CACI reported its diluted earnings per share rose 49.3 percent year-over-year to $1.44 from $0.96. Fourth quarter net income was $45.9 million, a 53.5 percent increase over $29.9 million in the 2010 period. The company’s revenue …

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L-3 to Spin Off Some Government Services Into New Company; Strianese Comments

L-3 Communications (NYSE: LLL) will spin off a new, publicly-traded government services company to its shareholders called Engility. Engility will provide systems engineering, technical assistance, training and operational support services and employ approximately 10, 000 workers. Tony Smeraglinolo, current executive vice president of L-3’s services group, will be its chief …

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L-3 to Produce Aircrew Training System for Pakistan

L-3 Communications‘ (NYSE: LLL) link simulation and training division, Arlington, Texas, has won a $20, 563, 657 firm-fixed-price contract to provide an aircrew training system to Pakistan. The system will support Pakistani air force pilot training and includes: 2 F-16 Block 52 aircrew training devices mission support systems with 18 panel simusphere …

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L-3 to Support Aircraft Deployment to Afghanistan

The U.S. Air Force has awarded L-3 Communications Integrated Systems (NYSE: LLL), Greenville, Texas, a $16, 897, 859 firm-fixed-price contract to incorporate labor and support the deployment of C-27J aircraft to Afghanistan by issuing a delivery order against the subject contract. Wright-Patterson Air Force Base, Ohio, is the contracting activity.

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CACI Completes Acquisition of Pangia Technologies; Cofoni Comments

CACI International Inc (NYSE: CACI) has completed its acquisition of Pangia Technologies, LLC. The move is expected to increase CACI’s earnings per share over the upcoming 12 months. CACI will use the acquisition to increase its cybersecurity offerings and intelligence community presence. Maryland-based Pangia specializes in computer network operations, mission systems, software and systems engineering and IT infrastructure support. Among …

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