Washington-based private equity firm Arlington Capital Partners has agreed to purchase the defense and security business segment of robotics technology maker iRobot (Nasdaq: IRBT) for up to $45 million as the latter company continues on its realignment toward the consumer market. Bedford, Mass.-based iRobot said Thursday both companies expect to clo...
TYSONS CORNER, VA, February 2, 2016 ” BMC Software and its partner 1105 Public Sector Media Group has held this year’s BMC Exchange event with a theme centered on digital enterprise management for government agencies, GovCon Executive reported Monday. The companies said Thursday the event, held Tuesday in Washington, will f...
Rahul Ghai, currently vice president of finance integration at Harris Corp. (NYSE: HRS), has been appointed to succeed the departing Mick Lopez as senior vice president and chief financial officer in a move that takes effect Feb. 11. Ghai will bring more than 20 years of financial leadership experience to his new roles and repor...
Ball Aerospace and Technologies has bought engineering and analytical services provider Wavefront Technologies for an undisclosed sum as part of its portfolio diversification efforts. Rob Strain, president of Ball Aerospace, said Friday the company also expects the acquisition to help broaden its presence in the Washington metropolitan area. Marylan...
TYSONS CORNER, VA, January 28, 2016 ” Concurrent Technologies Corp. CEO Ed Sheehan Jr. has been recognized by the National Safety Council for his work on safety management programs, GovCon Executive reported Wednesday. CTC said Tuesday Sheehan was included in the council’s “CEOs Who Get It” list and will be featured in Sa...
TYSONS CORNER, VA, January 28, 2016 ” ASRC Federal and Boeing (NYSE: BA) will perform research on new rocket engine technologies under separate contracts awarded by the U.S. Air Force, ExecutiveBiz reported Wednesday. Space News reported Tuesday the service branch gave a $6.1 million contract to Boeing and a $3.6 million contract to ASRC ...
TYSONS CORNER, VA, January 27, 2016 ” Ed Sheehan Jr., president and CEO of Concurrent Technologies Corp., has received recognition from the Pennsylvania Business Central for his contributions to the state’s business sector, GovCon Executive reported Tuesday. The publication said Friday Sheehan joins a list of other honorees chos...
TYSONS CORNER, VA, January 27, 2016 ” Parsons has received a contract from the U.S. Army to provide cybersecurity services as part of the Deployable Defensive Cyberspace Operations Infrastructure program, ExecutiveBiz reported Tuesday. The company said Monday it will perform contract work for the Office of the Assistant Secretary of t...
TYSONS CORNER, VA, January 25, 2016 ” Ensco aims to provide project delivery services to the Australian rail transport industry through its newly opened branch office in Perth, ExecutiveBiz reported Friday. The company said Wednesday the expansion is an effort to meet demand in Australia’s railway industry for automated track in...
Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining commodity pric...
