TYSONS CORNER, VA, January 15, 2018 ” Leidos (NYSE: LDOS) will work to build a submarine-based acoustic device designed to counter torpedo threats, under a potential $36M contract from the U.S. Navy, ExecutiveBiz reported Friday. The company said Thursday the Naval Sea Systems Command awarded the contract for the development and testing of...
Daniel Jablonsky, formerly president of Maxar Technologies™ (NYSE: MAXR) DigitalGlobe subsidiary, has been named president and CEO of the parent company. Jablonsky succeeds Howard Lance, who has stepped down from his roles at Maxar, the company said Monday. œDan’s experience as president of DigitalGlobe, after previously serving...
Smiths Detection has received a potential $291M contract from the Department of Homeland Security to supply a checkpoint technology designed to detect radiation emitting materials. The company said Monday it will provide radiation portal monitors to the DHS’ Office of Countering Weapons of Mass Destruction under the indefinite-delive...
San Diego, Calif.-based Cubic Corporation announced its acquisition of GRIDSMART Technologies, Inc. on Wednesday for $87M in cash, subject to customary adjustments. In 2019, GRIDSMART anticipates $25M in sales and $8M of adjusted EBITDA. Cubic expects to finance the acquisition through its existing credit facilities and predicts ...
TYSONS CORNER, VA, January 2, 2018 ” Ed Sheehan, president and CEO of Concurrent Technologies Corp., was named in December as a member of the National Defense Industrial Association’s board of directors, ExecutiveBiz reported Dec. 12. He joined the latest batch of elected board members at the nonpartisan and nonprofit association of defen...
TYSONS CORNER, VA, January 2, 2018 ” David Young, senior vice president of strategic government at CenturyLink (NYSE: CTL), has said the extension of the deadline for agencies to transition to the Enterprise Infrastructure Solutions contract makes the program more feasible when changing contractors, ExecutiveBiz reported Dec. 11. Young sai...
TYSONS CORNER, VA, December 28, 2018 ” Raytheon (NYSE: RTN) has entered into an agreement with Saudi Aramco to establish a joint venture that will offer cybersecurity technologies and services to customers in Saudi Arabia and other Middle Eastern countries, ExecutiveBiz reported Dec. 17. The oil and gas company said Dec. 14 it inked a...
Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM) and a four-time Wash100 winner, has been elected to serve on Unisys‘ (NYSE: UIS) board of directors beginning in January. He will bring to Unisys his experience in its core focus industries that include government, transportation and travel, the company said Wednesday. Before I...
Siemens‘ U.S. federal arm will support the modernization of a steam plant at Los Alamos National Laboratory in New Mexico as part of a potential 21-year, $555M energy savings performance contract from the Department of Energy. Siemens Government Technologies received a $45.8M initial task order to modernize a six-decade-old system th...
TYSONS CORNER, VA, November 19, 2018 ” An IBM-backed (NYSE: IBM) study has found that a majority of federal information technology executives foresee a shift in IT investments over the next two years, with an increasing number anticipating spending on cloud technology, ExecutiveBiz reported Oct. 16. Fedscoop reported Oct. 15 that the surve...
