A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Signific...
Tetra Tech (Nasdaq: TTEK) has purchased Newport Beach, California-based aviation technology systems provider BridgeNet International for an undisclosed sum. Dan Batrack, chairman and CEO of Tetra Tech, said in a statement published Thursday the combination will help the company expand its ability to deliver platforms for ground and airspace sup...
TYSONS CORNER, VA, Jan. 25, 2018 ” Cisco Systems (Nasdaq: CSCO) has signed an agreement with the government of Luxembourg on efforts to accelerate the country’s digital transformation around the areas of cybersecurity, education, financial technology and the internet of things, ExecutiveBiz reported Wednesday. The company said T...
TYSONS CORNER, VA, Jan. 25, 2018 ” Kent Matlick, senior vice president and general manager of the intelligence group at Vencore, has been named to the Intelligence and National Security Alliance’s new advisory committee, GovCon Executive reported Wednesday. INSA said Tuesday the 26-member panel will work to provide guidance on p...
At the Potomac Officer’s Club 5th Annual Intel Summit on Thursday, keynote speaker Dan Coats, Director of National Intelligence a 2018 Wash100 recipient, addressed the room with his observations on the landscape of the intelligence community, the challenges facing agencies in threat detection and how to keep pace with technological advanc...
Executive Mosaic today announced the recipients for the 2018 Wash100 awards, a select group of private- and public leaders chosen by the company’s organizational and editorial leadership, as the most impactful and influential leaders in the government contracting sector. The recipients of the award are recognized for their leadership, inn...
The Defense Information Systems Agency has awarded Peraton a potential five-year, $71.8 million contract to help the U.S. Army Pacific Command implement and manage commercial satellite communications technology. Peraton said Thursday it will also provide satellite services, technical and engineering support for mobile and fi...
Anne Altman, former general manager of federal and government industries at IBM (NYSE: IBM), has joined Siemens™ U.S. government technologies business as chairman of the board of directors. Altman succeeds Stanley McChrystal, a retired U.S. Army general who became board chairman in 2011, the company said Thursday. œAnne brin...
Brian Fitzpatrick, formerly an industry executive at DXC Technology (NYSE: DXC), has been named senior vice president of business development at LMI. David Zolet, LMI president and CEO, said in a statement published Wednesday Fitzpatrick will help the Tysons, Virginia-based nonprofit government consulting services contractor expand its market p...
A joint venture of Huntington Ingalls Industries™ (NYSE: HII) SN3 subsidiary and BWX Technologies™ (NYSE: BWXT) technical services group has received a notice to proceed from the Energy Department to begin transition work on the Los Alamos National Laboratory in New Mexico. HII said Wednesday the Newport News Nucle...
