Phil Quade, former special assistant for cyber of the National Security Agency director, has joined Fortinet (Nasdaq: FTNT) as chief information security officer and strategic consultant to C-level enterprise clients. Fortinet said Tuesday Quade will oversee the company’s information security, compliance with global regulations and standa...
Cambridge, Massachusetts-based knowledge discovery firm Diffeo has purchased Boston-based startup Meta Search for an undisclosed sum as part of efforts to expand search and discovery technology offerings. Diffeo said Tuesday it also renamed Meta Search™s platform to Diffeo Cloud Search as part of the acquisition. “Diffeo’s cust...
Executive Mosaic’s GovCon Index traded narrowly higher Tuesday with help from middle-tier and government services companies to offset losses by large primes as U.S. stocks recorded another mixed session that saw industrials lag and healthcare stocks climb. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as five of its 11...
Jeffrey Nyweide, formerly GlobalOptions Group executive vice president and chief financial officer, has joined WidePoint (NYSE: WYY) as president, CEO and board member. The managed mobility services provider said Monday Nyweide will succeed former CEO Steve Komar, who will transition to the role of executive chairman and continue...
Billie Hartless, formerly human resources vice president at location-based cloud technology company HERE, has been appointed chief human resources officer at Polycom. The collaboration platform provider said Monday Hartless will succeed Laura Owen, who will move on to a new opportunity outside the company. “[Hartless] has a strong track r...
AAI, a subsidiary of Textron (NYSE: TXT), has won a potential $475 million contract to provide unmanned aircraft system intelligence, surveillance and reconnaissance services to the U.S. Special Operations Command. The indefinite-delivery/indefinite-quantity contract has an ordering period of four and a half years ...
TYSONS CORNER, VA, Jan. 9, 2017 ” A new Deloitte study has found that 73 percent of surveyed chief financial officers from commercial and government companies in North America believe there would be less congressional gridlock in the upcoming administration, ExecutiveBiz reported Friday. The company said Thursday the CFOs also expect chang...
Philadelphia-based private equity firm LLR Partners has purchased an automated threat detection and cyber hunting technology business unit from Northrop Grumman (NYSE: NOC) for an undisclosed sum to grow a commercial market footprint for machine learning-based tools. LLR said Monday it has committed $50 million in financing to su...
MacDonald, Dettwiler and Associates‘ U.S. subsidiary Space Systems Loral has received a $75 million contract to provide a composite-based spacecraft platform for a NASA mission that aims to explore the 16 Psyche metallic asteroid. SSL will build a power propulsion chassis equipped with a solar electric propulsion techn...
A new Deloitte study forecasts the global aerospace and defense industry’s overall revenue to grow 2 percent in 2017. Tom Captain, Deloitte global aerospace and defense leader, said Monday sales in the defense sub-sector could expand 3.2 percent this year after multi-year declines in revenue on growth in U.S. security...
