Hewlett Packard Enterprise (NYSE: HPE) has agreed to acquire Cray (Nasdaq: CRAY) for approximately $1.3B in cash, or $35 per share, in a move to expand high-performance computing technology offerings. HPE said Friday it expects the deal to conclude by the first quarter of its fiscal year 2020 and to shoulder one-time integration costs that...
In the last two weeks, DynCorp International (DI) has been awarded both Aviation Field Maintenance Contracts for the U.S. Army, one in the East Region and one in the West Region. The combined value of the contracts is approximately $3.5 billion. The two contracts replace a number of Army Aviation maintenance vehicles. “With these...
By Light Professional IT Services has acquired cyber training services contractor Metova Federal for an undisclosed sum. œThis acquisition will allow us to expand and diversify our cyber offering to better serve our customers, Bob Donahue, CEO and founder of By Light, said in a statement published Friday. Cabot, Ark.-based Metova...
TYSONS CORNER, VA, May 17, 2019 ” A Thales report on data threats states that less than a third of federal agencies utilize data encryption even as a majority run their sensitive data on blockchain, cloud, internet of things and other “digitally transformative” technology environments, ExecutiveBiz reported May 1. The “2019 Th...
Tom Arseneault, chief operating officer of BAE Systems’ U.S. arm, has assumed additional duties as president of the subsidiary. He was also named to the board of directors of BAE Systems Inc. and will assume functional leadership responsibilities, the company said Thursday. “Tom has a proven track record leading complex organizat...
Novetta has received ISO 9001:2015 certification through BSI Group America, an IAF/ANAB accredited certifying body. The certification validates Novetta’s commitment and ability to provide consistent high-quality products and services to its customers while always striving for improvement, the company said Friday. œWe are extremely proud t...
Carlos Hernandez, who was named interim CEO at Fluor (NYSE: FLR) on May 1, has been confirmed by the board of directors as full-time CEO of the company. Fluor said Thursday Hernandez will also join the company™s board of directors. œCarlos™ engineering and legal background, combined with his 12 years successfully serving in executive ...
TYSONS CORNER, VA, May 16, 2019 ” Red Hat (NYSE: RHT) collaborated with Lockheed Martin (NYSE: LMT) to utilize open source architecture, DevSecOps practices and an Agile methodology for the development and deployment of updates for the U.S. Air Force’s F-22 Raptor fleet, ExecutiveBiz reported May 7. The open source solutions provider said...
Chris Raymond, who most recently served as vice president and general manager of autonomous systems at Boeing™s (NYSE: BA) defense, space and security business, has been appointed VP for enterprise strategy at the Chicago-based company, Reuters reported Wednesday. He reports to the company™s finance, enterprise performance and strateg...
CACI International (NYSE: CACI) won a spot on a potential five-year, $982M contract vehicle to develop technology platforms for U.S. Army cyber and electronic warfare missions. The multiple-award, indefinite delivery/indefinite quantity covers the development of software and hardware to support the military service™s program executive office fo...
