Inmarsat has declined to accept Colorado-based EchoStar™s (Nasdaq: SATS) takeover bid, saying the offer œundervalued the U.K.-based satellite communications provider, Reuters reported Saturday. œAfter carefully considering the proposal with its advisers the board rejected the proposal on the basis that it very significantly undervalue...
Weekly Roundup June 4 – June 8, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: Northrop Concludes Acquisition of Orbital ATK and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Northrop Concludes Acquisition of Orbital ATK This year has seen signific...
Lee Ann Anderson, former vice president of civilian business development at Unisys (NYSE: UIS), has been named president of federal solutions group at Bethesda, Md.-based information technology contractor Business Integra. She will lead multiple business units that provide science, engineering, cybersecurity, software development...
https://www.youtube.com/watch?v=-81WQncx5CE Littoral Combat Ship 11, the future USS Sioux City, has completed Acceptance Trials and is now one step closer to joining the U.S. Navy fleet. Our Freedom-variant LCS is a lethal ship, designed to support mine countermeasures, anti-submarine warfare and surface warfare missions....
Northrop Grumman (NYSE: NOC) wrapped up its approximately $9.2 billion purchase of Orbital ATK on Wednesday and will now run the newly acquired company as its fourth business sector called Northrop Grumman Innovation Systems. Blake Larson, most recently chief operating officer at Orbital ATK, has been elected by the board as corporate vice pres...
TYSONS CORNER, VA, June 6, 2018 ” The Federal Emergency Management Agency has given Concurrent Technologies Corp. a potential five-year, $4.7 million contract to update and secure an online readiness data reporting system that supports FEMA™s National Continuity Programs, ExecutiveBiz reported Monday. “Our combination of underst...
Six companies have won contracts worth up to $970 million combined to support a Defense Threat Reduction Agency program that aims to stop the proliferation of weapons of mass destruction. DTRA’s Cooperative Threat Reduction program seeks to collaborate with foreign countries to counter WMD threats and related technolog...
TYSONS CORNER, VA, June 5, 2018 ” Raytheon (NYSE: RTN) and Kongsberg Gruppen will develop a missile system designed for over-the-horizon defense of the U.S. Navy‘s littoral combat ships and frigates under a potential $847.6 million contract from the service branch, ExecutiveBiz reported Monday. The Navy selected the companies™ Naval ...
Swami Iyer, formerly president of Ultra Electronics‘ 3eTI subsidiary, has joined Israel Aerospace Industries‘ U.S. subsidiary as CEO. The two-decade industry veteran will lead operations of IAI North America and its subsidiaries that include Stark and ELTA North America, the aerospace company said Monday. Iyer previously served as v...
Jeffrey Blakeman, formerly vice president of operations at Bombardier‘s transportation business in the Americas region, has been named vice president of manufacturing and procurement at Cubic (NYSE: CUB). His appointment is effective July 2 and he will succeed the retiring Dave Lapczynski, who will remain with Cubic in an execut...
