The U.S. subsidiary of Italy-based aerospace and defense conglomerate Leonardo has filed with the Securities and Exchange Commission a registration statement for its planned initial public offering. Leonardo DRS plans to list a minority stake of its common shares on the New York Stock Exchange using the ticker symbol “DRS” through the IPO, which...
Small satellite launch services provider Rocket Lab is close to finalizing an estimated $4.1 billion agreement with a Vector Capital-backed special purpose acquisition company to merge operations, The Wall Street Journal reported Sunday. Rocket Lab would go public if the company combines with Vector Acquisition (Nasdaq: VACQ), which the former expec...
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Transforming Perspecta Into a $7.1B Company; The Journey of Mac Curtis Perspecta announced in January that it will be acquired by Veritas Capital for $7.1 billion in cash, or $29.35 per share. Veritas Capital, which holds approximately 14.5 percent of Perspecta’s outstandi...
Executive Mosaic is honored to recognize PAE President and CEO John Heller as an inductee into the 2021 edition of the Wash100 for leading PAE’s transformation from a private equity-backed company into a publicly listed company and expansion in the government services arena through acquisitions and contract wins. This represents his sixth Wash100 ...
A McAleese & Associates report about L3Harris Technologies‘ (NYSE: LHX) financial results for both the fourth quarter and full 2020 fiscal year says the Melbourne, Florida-based government contractor will transition the CEO position from William Brown to Christopher Kubasik, who has served as vice chairman, president and chief operating of...
Encantado Technical Solutions, a joint venture of ECS and Edgewater Federal Solutions, has received a blanket purchase agreement worth approximately $400 million to $700 million to provide information technology and telecommunications support for Sandia National Laboratories in Albuquerque, New Mexico. Encantado will work with subcontractors Amentum...
Alefiyah Mesiwala, a former White House senior policy adviser on health care, has been named chief medical officer of Humana’s military subsidiary in a move slated to take effect March 15. She will be responsible for directing clinical support and medical management work and ensuring care delivery to beneficiaries under the Defense Health Agen...
Raytheon Technologies (NYSE: RTX) has secured a potential five-year, $146.3 million to help the U.S. Navy operate and maintain a relocatable over-the-horizon radar system that supports the U.S. government’s counter narco-terrorism operations. The company’s intelligence and space business will perform ROTHR operation and maintenance work ...
Cubic (NYSE: CUB) will design, develop and test training materials for the U.S. Navy’s Relevant Ready Learning program under a potential four-year, $92.4 million contract. The company will also help the service branch prepare course pilot and train-the-trainer programs as part of the indefinite-delivery/indefinite-quantity contract, the Depart...
Executive Mosaic is thrilled to introduce Bruce Caswell, president and CEO of Maximus, as a 2021 Wash100 Award recipient for his responsible stewardship as the company sought to position itself as a leading health and human services provider for public sector agencies responding to the ongoing coronavirus pandemic in 2020. Caswell has received a Was...
