Elbit Systems of America (Nasdaq: ESLT) agreed to acquire the night vision business of Harris Corp. (NYSE: HRS) for approximately $350M. Harris said Friday the transaction is conditioned upon completion of its proposed merger with L3 Technologies (LLL) and customary closing conditions that include a receipt of all regulatory approvals. Stockholders ...
Stockholders at L3 Technologies (NYSE: LLL) and Harris (NYSE: HRS) approved during their respective meetings Thursday the proposals needed to close the proposed merger of the companies. œThis vote represents a key milestone in our merger process, Christopher Kubasik, L3 chairman, president and CEO, said in a statement published Thursday. œ...
Applied Insight announced on Thursday that it is moving its headquarters from Ashburn, Va. to Tysons Corner, Va. and made changes to strengthen its leadership team. Mehdi Cherqaoui will serve as chief financial officer in a company that focuses on analytics, cloud and mission IT for federal government clients. He joined the company this month...
Arlington Capital Partners announced its strategic investment in Octo Consulting Group on Thursday. Octo develops solutions for federal government clients in health care, national security, civilian and defense agencies. The company™s expertise with Agile software development, UI/UX, cloud, infrastructure, blockchain and other emerging te...
TYSONS CORNER, VA, April 4, 2019 ” Rob Davies, executive vice president of operations at ViON, said government agencies should work to establish a “comprehensive” understanding of artificial intelligence and analytics before they implement these technologies as part of operations, ExecutiveBiz reported March 20. Davies, a past Wash1...
TYSONS CORNER, VA, April 2, 2019 ” Forcepoint will perform work under a potential $23.5M blanket purchase agreement to provide cybersecurity and cross-domain technologies and services to the FBI, ExecutiveBiz reported March 21. The company said March 20 the five-year BPA covers the delivery of behavior-based software and hardware as well as pro...
Shad Imam, head of federal pre-sales at MuleSoft, has said agencies seeking to meet changing customer demands should advance connectivity using application programming interfaces. œAPIs are quickly becoming core building blocks for digital transformation because they make systems easy to access and allow data to be decoupled from complex underl...
Aerojet Rocketdyne (NYSE: AJRD) has purchased 3D Material Technologies from ARC Group Worldwide for an undisclosed sum in a move to expand its capabilities to develop additive manufacturing-based metal alloy components for aerospace power and propulsion systems. œThe addition of 3DMT™s capacity and expertise in metal alloy additi...
A federal official responsible for border security discussed how his private sector experience prepared him to manage the increasing demands of an agency that operates under close scrutiny during the 3rd Annual Border Protection Innovations and Technology Forum hosted by the Potomac Officers Club. John Sanders, chief operating officer of the U.S. Cu...
Stephen Denker, a retired Air Force major general, has been named head of satellite ground programs at Lockheed Martin (NYSE: LMT) in a move that will take effect on April 1. He will be responsible for intelligence and analytics development initiatives in support of space ground platforms as part of the mission solutions business line...
