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L3 Technologies (NYSE: LLL), then L-3 Communications, has wrapped up its purchase of Implant Sciences™ explosive trace detection business for $117.5 million cash through an asset purchase agreement. Michael Strianese, chairman and CEO of L3, said in a statement released Thursday the acquisition will help expand L3™s presence in nation...

On Jan. 4, NASA held a press briefing at the agency™s Johnson Space Center in Houston to preview a pair of planned spacewalks to perform a complex upgrade to the International Space Station™s power system. NASA™s Shane Kimbrough and Peggy Whitson will conduct the spacewalk on Jan. 6. The second spacewalk, on Jan. 13, will...

Xerox (NYSE: XRX) has officially separated into two publicly traded companies, one focused on digital printing technology and the other selling business process services. The digital print technology company will carry the Xerox name while the business process service provider will operate independently as Conduent (NYS...

TYSONS CORNER, VA, Jan. 3, 2017 ” Steve Grobman, Intel Security‘s chief technology officer, has said that retaliating against Russia’s alleged cyber hacking of the U.S. elections could escalate to war, ExecutiveBiz reported Friday. The Obama administration’s response could range from additional economic sanction...

TYSONS CORNER, VA, Jan. 3, 2017 ” Amazon (Nasdaq: AMZN) will employ a backup communications interface for its delivery drones as a first line of defense against jamming, hacking and human attacks, ExecutiveBiz reported Friday. The company plans to utilize a “mesh network” of multiple autonomous vehicles upon the compromise of a...

John Barter, chairman of the board of directors at DHI Group (NYSE: DHX), has been elected to join Engility‘s (NYSE: EGL) board as an independent director. Engility said Dec. 27 in a regulatory filing with the Securities and Exchange Commission that Barter will also serve on the audit committee of the board of the Chantilly, Virginia...

Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock...

TYSONS CORNER, VA, Dec. 30, 2016 ” The Professional Services Council has elected PV Puvvada, president of Unisys‘ (NYSE: UIS) federal business unit, to serve on its board of directors for another three years, GovCon Executive reported Dec. 23. Puvvada was also appointed as a new member on its executive committee and as chairman of PS...