A new PwC report says the value of merger and acquisition deals in the global aerospace and defense industry reached $24.2 billion during the first half of 2018, a figure that reflects a 30 percent rise over the same period last year. PwC said the number of M&A transactions in the A&D sector dropped by 17 percen...
Government and industry representatives gathered Tuesday for the Potomac Officers Club™s The Future of Algorithmic Warfare Forum, anchored by a panel of defense and intelligence experts and keynote speaker Lt. Gen. John N.T. œJack Shanahan, director for defense intelligence (warfighter support) at the Office of the Under Secret...
TYSONS CORNER, VA, July 25, 2018 ” Leanne Caret, president and CEO of Boeing‘s (NYSE: BA) defense, space and security business, has indicated the company will consider several factors, including the nature of the client, in potential opportunities for data sharing to drive artificial intelligence development, ExecutiveBiz reported July 16...
Hitachi Vantara has agreed to purchase REAN Cloud for an undisclosed sum in a move to expand its portfolio of cloud and managed services offerings designed to help clients expedite their digital transformation efforts across multicloud environments. Hitachi Vantara said Tuesday it expects the acquisition to wrap up later this year and will oper...
Booz Allen Hamilton (NYSE: BAH) has received a five-year, $92 million task order to support the U.S. Navy™s Information Assurance and Cyber Security Program Office in efforts to safeguard maritime systems from cyber attacks. The company said Tuesday it will provide cybersecurity, program management and technical services to PMW 130 under the ta...
Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said the company is œon track with the regulatory clearance process and in the final phase of completion with regard to its pending $30 billion acquisition of Rockwell Collins (NYSE: COL), The Gazette reported Tuesday. œWe expect the transaction to close here still in ...
TYSONS CORNER, VA, July 24, 2018 ” CAE has revealed a new helicopter simulation platform at the 2018 Farnborough International Airshow in the U.K. that the company aims to offer to military customers for mission and flight training, ExecutiveBiz reported July 17. The company said July 16 the CAE 700 Mission Reality Series serves ...
TYSONS CORNER, VA, July 24, 2018 ” AT&T (NYSE: T) has provided connectivity with the Band 14 spectrum for public safety communications to approximately 2,500 of the more than 10,000 target U.S. sites under the First Responder Network Authority program’s build-out phase, ExecutiveBiz reported Monday. The company said Friday t...
Cubic (NYSE: CUB) has completed the acquisition of Shield Aviation™s assets through its ISR Systems subsidiary in an effort to broaden its command, control, communications, computers, intelligence, surveillance and reconnaissance platforms. Cubic said Tuesday it expects the transaction to help expand its mission solutions business™ C4ISR t...
Louis Berger has announced the appointment of James Bach, Nick Ivanoff and Thomas Lewis to the board of directors and the retirement of Ernest Portfors after two years as board chairman. Bach is a 35-year Louis Berger veteran who currently serves as president of the firm™s international division, the company said Monday. He previously served...
