CACI International (NYSE: CACI) has closed its purchase of CSRA™s former systems engineering and acquisition services business unit from General Dynamics (NYSE: GD) for $84M to expand support work for the U.S. Navy. Arlington, Va.-based CACI said Thursday it expects the acquisition to add approximately $150M to its revenue for fi...
Boeing (NYSE: BA) has agreed to purchase El Segundo, Calif.-based Millennium Space Systems for an undisclosed sum in an effort to broaden its portfolio of space and satellite platforms. Boeing said Thursday it expects the acquisition to conclude by the end of the third quarter of 2018 and will operate Millennium Space Systems as a...
CACI International (NYSE: CACI) posted $4.46 billion in revenue for the full fiscal year 2018 that ended June 30, up 2.6 percent from $4.35 billion in FY 2017. The company said Wednesday it recorded a net income of $301.2 million for fiscal 2018 and $340.7 million in FY 2018 operating income, which reflects a 14.6...
TYSONS CORNER, VA, August 15, 2018 ” Radiant Solutions, a subsidiary of Maxar Technologies (NYSE: MAXR), has entered into a partnership with Secure Planet and Rank One Computing to offer a multimodal biometric platform that combines facial, fingerprint and palm print identification, ExecutiveBiz reported Aug. 1. The joint effort ...
Charles Cosgrove, former chief financial officer of information technology services contractor STG, has been appointed to the same position at IAP. The three-decade financial management veteran will work at IAP’s office in Alexandria, Va., and oversee its financial planning and analysis, treasury, tax, program financial con...
Perspecta (NYSE: PRSP) reported $793 million in revenue for the first quarter of fiscal 2019 that ended June 30, reflecting a 17 percent increase from the prior year period. The company said Tuesday its Q1 2019 pro-forma revenue rose 2 percent to $1.04 billion compared with the same period in the last fiscal year. Perspecta...
TYSONS CORNER, VA, August 14, 2018 ” Concurrent Technologies Corp. received recognition from the Defense Department‘s Ordnance Technology Consortium and the National Armaments Consortium earlier this year for the company’s ammunition manufacturing process, ExecutiveBiz reported Aug. 1. The company said July 31 the “O...
TYSONS CORNER, VA, August 14, 2018 — EY aims to place a $1 billion investment to support its effort to develop technology products and services in areas such as software, cyber, financials, risk management and digital tax and audit, ExecutiveBiz reported Monday. The company said Sunday the two-year investment program serves to build on ...
Brendan Curran, formerly president of Crane Co.™s aerospace and electronics group, has been named president of a Boeing (NYSE: BA) business organization that produces avionics and electronics systems. The more than 20-year aerospace industry veteran will lead the AvionX organization and Boeing’s aftermarket strategy across ...
TYSONS CORNER, VA, August 13, 2018 ” CenturyLink (NYSE: CTL) has received clearance from the General Services Administration to provide federal agencies its information technology products and services via the potential $50 billion Alliant 2 contract vehicle, ExecutiveBiz reported July 31. The company said July 30 its selection for the multi-aw...
