
The Department of State has approved a potential $990M foreign military sale of Lockheed Martin-built (NYSE: LMT) long-range anti-ship missile systems and associated equipment to Australia. The FMS deal will cover the procurement of 200 AGM-158C LRASM systems and 11 units of the ATM-158C LRASM telemetry systems, the Defense Security Cooperation...
Stephen Timm, president of the avionics business unit at United Technologies Corp.’s (NYSE: UTX) Collins Aerospace subsidiary, has been named president of the subsidiary. He will succeed Kelly Ortberg, who has been appointed special adviser to the office of the CEO as UTC and Raytheon (NYSE: RTN) move ahead with their merger to form Raytheon Techn...
SAIC to Buy Unisys Federal Business for $1.2B; Nazzic Keene Quoted Science Applications International Corp. (SAIC) has agreed to buy Unisys’ federal business unit for $1.2 billion in cash, SAIC announced on Thursday. “This exciting opportunity advances our strategy by building on our modernization capabilities, increasing customer access, acce...
Executive Mosaic is honored to present Teresa Carlson, vice president of the worldwide public sector business at Amazon Web Services, as an inductee into the 2020 edition of the Wash100 Award for driving cloud innovation, expanding AWS' influence and advocating for cloud computing education within Virginia schools....
Reston, Va.-based contractor Science Applications International Corp. (NYSE: SAIC) has agreed to buy Unisys' (NYSE: UIS) federal arm for approximately $1.2B cash in a push to expand digital transformation technology and support offerings for the U.S. government. Nazzic Keene, CEO of SAIC and three-time Wash100 inductee, said the company aims ...