A group of investors including New York City-based Apollo Global Management (NYSE: APO) along with executive team members at Constellis Group have agreed to undertake a buyout of the global security services contractor for an undisclosed sum. Constellis Group said Friday it expects the transaction to close by the end of September...
Cubic Corp. (NYSE: CUB) has appointed former U.S. Army Central Command leader James Terry to a senior vice president role in the contractor’s global defense business segment and also promoted Eric Carr, formerly vice president and deputy general manager for integrated training services, to the SVP ranks ...
Kevin Davis, vice president of public sector at Splunk, has said government chief information officers and security officials should adopt an “analytics-driven approach†toward cybersecurity in order to facilitate real-time intelligence collection and gain more insight into their agencies’ networks. Davis wrote that impl...
Lockheed Martin (NYSE: LMT) will receive approximately $1 billion in additional funds from the Defense Department after DoD decided to reimburse the company for production costs incurred on lot 9 of the F-35 Lightning II aircraft, Defense News reported Thursday. Valerie Insinna writes the F-35 joint program office will obligate funds for low-ra...
Executive Mosaic’s GovCon Index turned downward Friday to end at a weekly loss as U.S. stocks also held negative after July’s retail sales report showed no change from the previous month and new manufacturing data also fell below economists’ expectations. For the week, the Index registered a 0.315-point dec...
August 8 – August 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting sector observers got a twin bill of significant acquisition developments during the Thursday evening-Friday morning “down time” in financial markets t...
TYSONS CORNER, VA, Aug. 12, 2016 ” SOS International‘s Exovera subsidiary will provide its EV3 cloud-based media analysis software to support the U.S. diplomatic mission in Afghanistan under a five-year contract with the State Department, ExecutiveBiz reported Thursday. SOSi said Wednesday EV3 will work to mo...
TYSONS CORNER, VA, Aug. 12, 2016 ” A BAE Systems geospatial technology will support a newly established business unit within The Rodgers Group by serving as a platform to convert text-based emergency action plans into collaborative response visuals, ExecutiveBiz reported Thursday. The public safety consulting ...
Paul Litchfield, a director at Mission Ready Services, has been appointed chief operating officer of the Vancouver, British Columbia-based product development and consulting firm. Rod Reum, president and CEO of Mission Ready, said in a statement released Wednesday Litchfield™s leadership and operational experience will help the company manufact...
Raytheon (NYSE: RTN), L-3 Communications (NYSE: LLL) and ViaSat (Nasdaq: VSAT) have won separate contracts to provide protected tactical service field demonstration support services to the U.S. Air Force. The service branch awarded the cost-plus-incentive-fee contracts through a competitive acquisition process with five proposals rece...
