Aerojet Rocketdyne Holdings (NYSE: AJRD) has agreed to acquire L3 Technologies‘ (NYSE: LLL) Coleman Aerospace business for $15 million cash in a push to expand the former’s systems engineering and mission analysis expertise. Coleman Aerospace will be renamed “Aerojet Rocketdyne Coleman Aerospace Inc.”...
Jerry Tarnacki, vice president of quality and mission assurance at Aerojet Rocketdyne (NYSE: AJRD), has been named senior VP of the firm’s newly created space business unit. Tarnacki will directly report to Eileen Drake, Aerojet™s president and CEO, and manage all programs related to defense, NASA, space and launch strategies, in-space pr...
https://www.youtube.com/watch?v=unI0-OEjb0o One of the world™s most advanced centers for Watson cognitive computing and Internet of Things technologies – the center of a new global ecosystem for collaborative innovation. IBM is betting big and investing $3BN to bring Watson to IoT – allocating +$200M to the new Munich center alone....
A BWX Technologies (NYSE: BWXT) subsidiary has secured additional work to manufacture naval nuclear reactor components for the U.S. Naval Nuclear Propulsion Program through exercised contract options and new awards worth $795 million combined. The company said Monday BWXT Nuclear Operations Group will perform various manufacturing and...
Executive Mosaic’s GovCon Index posted a 0.971-percent gain Friday to close above 90 points for the first time in two months as Cubic Corp. (NYSE: CUB) topped GCI among both net and percentage performers. Cubic had a 52-week high following a seven-percent increase in first-quarter sales compared to the same period last year...
At the Fast Company Creativity Counterconference (FC/LA) attendees experienced a rare behind-the-scenes visit to global aerospace and security company Northrop Grumman. Touring the company’s FabLab maker space, attendees encountered inventive technologies”from endurance quadcopters to autonomous vehicles and extensive 3D printing faciliti...
Gary Rosholt, a retired U.S. Navy rear admiral and former U.S. Special Operations Command Central deputy commanding general, has joined L3 Technologies (NYSE: LLL) as vice president for Middle East operations. He will be oversee L3’s business across Saudi Arabia, the United Arab Emirates and other locations in the Middle East an...
https://www.youtube.com/watch?v=TY43R4bdGcY In her final “all hands” presentation to Agency staff, Former DARPA Director Arati Prabhakar walked through a selection of DARPA research programs, highlighting the Agency’s objectives for the research and its potential impact. Not every effort discussed will be successful, Prabhakar said...
TYSONS CORNER, VA, Feb. 3, 2017 ” John Borghard, senior vice president for public sector sales at CA Technologies (Nasdaq: CA), has said the company’s projects with government in 2017 will focus on the areas of cybersecurity, agile and DevOps. He told ExecutiveBiz in an interview published Tuesday that CA will work to ...
Matthew Bromberg, a 15-year veteran of United Technologies Corp. (NYSE: UTX) and president of the commercial engines aftermarket business of its Pratt & Whitney subsidiary, has been appointed to serve as president of the subsidiary’s military engines unit by May. Pratt & Whitney said Tuesday that Bromberg will succeed th...
