The Federal Communications Commission has cleared CenturyLink‘s (NYSE: CTL) proposed $34 billion acquisition of Level 3 Communications (NYSE: LVLT). CenturyLink said Monday the FCC approval came two weeks after the California Public Utilities Commission cleared the acquisition at its Oct. 12 meeting. John Jones, senior vice president...
TYSONS CORNER, VA, Oct. 30, 2017 ” CAE will continue its aircrew training support for the U.K. military at the company™s Medium Support Helicopter Aircrew Training Facility under an eight-year contract modification, ExecutiveBiz reported Friday. The company said Oct. 23 that it entered into an agreement with the U.K. defense mini...
TYSONS CORNER, VA, Oct. 30, 2017 ” Northrop Grumman (NYSE: NOC) has rolled out a sunshield subsystem for NASA‘s James Webb Space Telescope that utilizes five NeXolve-manufactured layers made of Kapton that work to protect the observatory’s optics, ExecutiveBiz reported Friday. The company said Thursday it ha...
Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...
Iridium Communications (Nasdaq: IRDM) recorded $22 million in government service revenue with 95,000 government subscribers during the third quarter of 2017. Iridium said Thursday government data and voice subscribers rose 14 percent to 40,000 during the third quarter ended Sept. 30, compared with the same period last year. The McLean, Virginia-base...
On October 29th at 11 am on WJLA; and 6PM on News Channel 8 Jim McCarthy the host of The Bridge was joined by Dan Mindus, Managing Partner, NextGen Venture Partners and Seth Demsey, Co-Founder, 300 Qubits – for a discussion about the advance of technology, and the hopes and concerns accompanying it. Later in the show,...
TYSONS CORNER, VA, Oct. 27, 2017 ” MapR Technologies has received recognition for its converged data platform offering that works to manage the big data of enterprise customers, ExecutiveBiz reported Tuesday. The company said Oct. 19 it was awarded the “Best Big Data Product or Technology” in the internet-of-things ca...
TYSONS CORNER, VA, Oct. 27, 2017 ” Iron Mountain (NYSE: IRM) has established a new 22,000-square-foot data management facility in Kansas that will work to provide document storage and shredding services to customers, ExecutiveBiz reported Thursday. The company said Wednesday the facility has a storage capacity of 350,000 records boxes...
Weekly Roundup October 23 – October 27 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With October coming to a close, let’s take a look at the most significant M&A activity that took place over the course of this month. Notable M&A activity includes: S...
Archana œArchie Deskus, formerly chief information officer at oil and gas company Baker Hughes (NYSE: BHGE), has joined Hewlett Packard Enterprise (NYSE: HPE) as global CIO. HPE President Antonio Neri wrote in a blog post posted Thursday Deskus will help advance an information technology strategy as the company works to implement its HPE Next i...
