Shareholders in Red Hat (NYSE: RHT) will vote Jan. 16 on whether to approve IBM‘s (NYSE: IBM) proposed $34B acquisition of the Raleigh, N.C.-based open source technology provider. A Dec. 11 record date has been established for Red Hat’s special meeting of stockholders, the company said Monday. IBM first announced...
Speedcast International announced Thursday that the Committee on Foreign Investment in the United States (CFIUS) has approved the company™s $135M acquisition of Globecomm Systems. CFIUS found no unresolved national security concerns holding up the acquisition. Speedcast expects the purchase of Globecomm to finalize before the end...
A new McAleese & Associates report says President Donald Trump appears to have expressed support to a defense budget request of $733B to $750B for fiscal year 2020 following his meeting with lawmakers and other government officials. Trump met with Defense Secretary James Mattis; National Security Adviser John Bolton; Senate Armed ...
Jose Ignacio Garcia, a two-decade veteran of General Electric (NYSE: GE), has been appointed senior vice president and chief financial officer at aircraft components manufacturer Spirit AeroSystems (NYSE: SPR). His appointment is effective Jan. 9 and he will succeed Sanjay Kapoor, who is due to retire as Spirit AeroSystems CFO in the first...
TYSONS CORNER, VA, December 10, 2018 ” Keith Salisbury, vice president of Pivotal Software‘s (NYSE: PVTL) federal business, has said approaches that help accelerate the development of applications will work to help the U.S. build its military edge in future wars, ExecutiveBiz reported Nov. 9. He said in an interview posted Nov. 7 tha...
TYSONS CORNER, VA, December 10, 2018 ” Perspecta (NYSE: PRSP) will continue work with the U.S. Air Force under a potential $49.8M contract to help build systems that detect nuclear detonation in an effort to supplement nuclear treaty monitoring requirements, ExecutiveBiz reported Nov. 7. The company said Nov. 5 the Expert Scienti...
TYSONS CORNER, VA, December 10, 2018 ” Liz Anthony, senior vice president of marketing at ViON, has received an award from Government Marketing University for her leadership over the company’s marketing efforts in the U.S. public sector, ExecutiveBiz reported Nov. 16. The company said Nov. 15 the 2018 Gainer award serves to recognize...
TYSONS CORNER, VA, December 10, 2018 ” A General Dynamics (NYSE: GD) business unit will supply active protection system kits for the Abrams M1A2 battle tank fleet of the U.S. Army under a $58M contract, ExecutiveBiz reported Friday. The Department of Defense said Thursday the firm-fixed-price contract awarded to General...
President Donald Trump intends to nominate Gen. Mark Milley, chief of staff at the U.S. Army and a two-time Wash100 winner, as the next Joint Chiefs of Staff chairman, Defense.gov reported Saturday. Milley, who assumed his current role in August 2015, would become the 20th JCS leader and succeed U.S. Marine Corps Gen. Joseph Dunf...
Russell Marsh, a 12-year veteran of the U.S. Navy, has been appointed vice president and general manager of Leonardo DRS™ naval power systems business. He will be based in Milwaukee, Wis., and will oversee the unit that offers power, control, heating and cooling systems, as well as oil and gas products, Leonardo DRS said Fri...
