
Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil gr...
K. Christopher Farkas, vice president of finance and corporate controller at Curtiss-Wright (NYSE: CW), has been promoted to VP and chief financial officer of the company. He succeeds the retiring Glenn Tynan, who will help facilitate the transition by continuously serving as a VP until fall 2020, and will report directly to David Adams, chairman an...
RTX subsidiary BBN Technologies has secured a potential five-year, $125 million contract from U.S. Transportation Command to provide a suite of tools to support the development of simulation and modeling environments. What Is the Scope of the USTRANSCOM IDIQ Contract? The Department of War said Monday the indefinite-delivery/indefinite-quantity cont...
Sierra Space has appointed Jeff Schrader, former executive at Lockheed Martin, as chief strategy officer. The Louisville, Colorado-headquartered company said Monday that Schrader will spearhead initiatives, including corporate development and mergers and acquisitions, to support Sierra’s growth and expansion. “As we accelerate the busine...