Search Results for: L3harris

Trade Groups Provide Recommendations for DoD CMMC Implementation

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Six technology trade associations have asked the Department of Defense to consider their recommendations and respond to their queries with regard to the implementation of the Cybersecurity Maturity Model Certification program. The trade groups presented their suggestions in a Thursday letter addressed to Ellen Lord, defense undersecretary for acquisition and sustainment and a 2020 Wash100 award winner, and Katie Arrington, chief information security officer and fellow Wash100 recipient.

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Brian Fitzpatrick Appointed LMI Interim CEO

Brian Fitzpatrick, chief growth officer of LMI, has been selected by the board of directors to replace David Zolet as the company’s CEO on an acting basis. Zolet, who also serves as LMI president and a 2020 Wash100 award winner, will step down from his current roles to pursue a new career opportunity, while the board will begin its search for his replacement as permanent president and CEO, LMI said Tuesday.

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Wells Fargo Analysts Share Financial Insights on Leidos, SAIC Deals

A new Wells Fargo Securities report offers analysts' views on Leidos' (NYSE: LDOS) move to buy the security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for $1B as well as Science Applications International Corp.'s (NYSE: SAIC) plan to acquire the federal unit of Unisys (NYSE: UIS) for $1.2B.

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KippsDeSanto’s Warren Romine: Defense Spending, Market Factors Could Drive M&As

Warren Romine, managing director at KippsDeSanto & Co., has said more middle-market defense contractors are considering divestitures as they assess their capacity to keep up with market trends, the Washington Business Journal reported Monday. Romine told the publication in an interview he expects increased U.S. defense budget and low interest rates to also drive acquisition and divestiture efforts.

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