John Johns, a former vice president from Six3 Systems and business development executive at other GovCon companies, has joined Hanover, Md.-based cyber and geospatial services company KEYW Corp. (Nasdaq: KEYW) as vice president of BD and account executive for national agencies. KEYW said Tuesday it appointed the 25-year...
Mitel (Nasdaq: MITL) has agreed to purchase Polycom (Nasdaq: PLCM) for approximately $1.96 billion in cash and stock as both companies seek to establish a business that will offer communications and collaboration systems to enterprise customers. Both companies expect to close the acquisition in the third quarter of 2016 and create a combin...
General Dynamics (NYSE: GD) has appointed Firat Gezen, formerly chief operating officer of its ordnance and tactical systems arm, as the unit’s president following the retirement of Michael Wilson. The company said Friday Gezen, who was also elected as corporate vice president, will assume his new role on May 1 and will report t...
The GovCon Index held against larger trends in U.S. financial markets Friday with a gain of 0.386 points to 75.692 as declines by energy and technology shares weighed on the bellwether S&P 500 composite index. Nine of the GCI’s 11 S&P 500-listed companies posted gains with McKesson (NYSE: MCK) as that group’s largest po...
TYSONS CORNER, VA, April 15, 2016 ” SAP (NYSE: SAP) plans to award $2.4 million in grants to nonprofit organizations to promote computer science and other specializations in the areas of science, technology, engineering and math as part of the government’s Computer Science for All initiative, GovCon Executive reported Thursday. The c...
Howard Lance, former chairman and CEO of Harris Corp. (NYSE: HRS), has been selected to succeed Daniel Friedmann as president and CEO of MacDonald, Dettwiler and Associates, effective May 16. MDA said Thursday Lance is expected to join MDA™s board of directors, while Friedman will continue to serve as a board member. œLance brings to...
The GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday. Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street&...
Data Device Corp. has agreed to acquire a Maxwell Technologies (NASDAQ: MXWL) subsidiary that manufactures microelectronic components for satellites and space vehicles. Vincent Buffa, DDC president and CEO, said in a statement published Tuesday acquiring Maxwell’s microelectronics business is part of DDC’s push to expand into...
The U.S. Army has awarded a potential $675 million contract modification to eight companies to continue to provide information technology systems in support of the service branch™s enterprise software. The Army Contracting Command will obligate funds and work location upon award of each task order and expects contract work to finish Oct. 23, 20...
Redwood City, California-based financial intelligence analysis firm OpenGov has bought New York-based open data management company Ontodia for an undisclosed sum in a push to expand offerings for the public sector. Zachary Bookman, OpenGov co-founder and CEO, said Wednesday the companies aim to help transform “how governments an...
