Search Results for: CSC

Cisco Wraps Up $95 Million Inlet Technologies Acquisition

Cisco (NASDAQ: CSCO) has finalized its acquisition of privately-held Inlet Technologies for $95 million. The Raleigh, N.C.-based firm focuses on Adaptive Bit Rate digital media processing platforms and will provide a boost to Cisco’s Videoscape TV platform offering. According to Cisco, “Inlet brings to the firm a strong team that …

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Cisco Prices $4 Billion of Senior Secured Notes

Cisco Systems (NASDAQ: CSCO) released the following financial announcement: The firm “priced three series of senior unsecured notes for an aggregate principal amount of $4 billion. The offering is expected to close on March 16, 2011. “Of these notes, $2 billion will mature in March 2014 and will bear interest …

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Cisco Closes Pari Networks Acquisition

Cisco (NASDAQ: CSCO) completed its acquisition of Pari Networks, a private firm focused on network configuration and change management. The Calif.-based firm will become part of Cisco’s Technical Services. According to Cisco, “Pari Networks brings to the firm an industry-leading team of engineers that will continue to build out and …

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Cisco Names Gary Moore COO

Cisco (NASDAQ: CSCO) named Executive VP Gary Moore to the role of chief operating officer, a new position at the firm. “Gary is a seasoned and trusted leader who consistently delivers results. He is uniquely qualified to drive strategic prioritization and accountability within Cisco, with a laser-focus on operational excellence, ” …

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Another M&A Move for ManTech; Acquires TranTech, CEO George Pedersen Comments

ManTech (NASDAQ:MANT) has acquired TranTech for an undisclosed amount. The Alexandria, Va.-based outfit specializes in IT, networking and cybersecurity services. According to ManTech, the move will “enable ManTech to deliver technology services through TranTech’s prime position on the DISA ENCORE II contract, an ID/IQ vehicle with a $12 billion ceiling …

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L-3 Books Pair of Navy Contracts

According to the Department of Defense, “L-3 (NYSE: LLL) is being awarded a $7, 808, 660 modification under previously awarded contract (N00024-07-C-6223) for the production and support of TB-34 fat line towed array.  The system significantly contributes to the capability of submarines to detect, localize and prosecute undersea threats and …

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ManTech’s George Pedersen: One to Watch in ’11

ManTech’s (Nasdaq: MANT) George Pedersen was selected by ExecutiveBiz as a “Person to Watch in 2011.” Here’s why: “He’s done it again. As George Pedersen continues to oversee ManTech’s push into defense and intelligence markets, ManTech’s chairman and CEO recently announced the company’s acquisition of MTCSC — a government contractor, …

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4th Time’s the Charm: ITT Picks Up $1.26 Billion NASA Deal… Again

ITT Corporation (NYSE: ITT)  was awarded the Space Communications Network Services (SCNS) contract by NASA Goddard Space Flight Center worth a maximum $1.26 billion. ITT previously won the contract in 2008, 2009 and earlier this year, but the deal had been protested by incumbent Honeywell (NYSE: HON). The firm will …

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Vangent’s Mac Curtis, CACI’s Paul Cofoni to Lead Lineup of GovCon Exec All-Stars

The Professional Services Council (PSC) has announced the latest alignment of its leadership team. The association focuses public policy, leads strategic coalitions and works to facilitate dialogue between government and industry. Mac Curtis, CEO of Vangent, was re-elected to the position of chairman. CACI CEO Paul Cofoni will once again …

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CGI Pens Marine Corps Contract; George Schindler Remarks

CGI (NYSE: GIB) reached an agreement with the Marine Corps for multiple contracts to provide training support for the USMC wide-range transformation modernization program. According to the firm, “one award is a US$11 million firm-fixed-price prime contract over three years under the company’s Commercial Enterprise Omnibus support services (CEOss) contract. …

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