Mike Molino, formerly senior vice president of strategy and corporate development at Leidos (NYSE: LDOS), has been named executive VP of corporate development at ASRC Federal. The more than 15-year industry veteran will oversee ASRC Federal’s mergers and acquisitions strategy and its capital deployment and strategic alignment efforts in h...
New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3™s TCS and Crestview Aerospace business units that operate under the technology contractor™s aerospace system...
New York City-based Veritas Capital has wrapped up its acquisition of PricewaterhouseCoopers‘ U.S. public sector arm that offers strategic advisory services to federal, state and local government agencies. The private equity firm will rename the acquired business once current rebranding efforts are completed, Veritas said T...
Dave Buss, a senior vice president and president of Cubic™s (NYSE: CUB) global defense segment, has been appointed to TechFlow™s board of directors. Robert Baum, TechFlow president and CEO, said in a statement published Tuesday Buss™ understanding of military requirements and insights would help the San Diego-based information technol...
Kamran Khan, a more than 18-year veteran of CACI International (NYSE: CACI), has joined Information Management Resources Inc. as senior vice president of federal programs. He will be based at IMRI’s Washington, D.C. office and oversee its growth initiatives in the federal sector, the company said Tuesday. Khan said he will support th...
Greg Lewis, vice president of enterprise information management at Honeywell (NYSE: HON), will transition to the role of senior vice president and chief financial officer on Aug. 3 to succeed the retiring Tom Szlosek. The company said Tuesday Lewis will serve as VP of corporate finance for three months to oversee the company™s EIM, mergers...
Jacobs Engineering Group’s (NYSE: JEC) technology business has won a potential five-year, $110 million contract from the U.S. Special Operations Command to provide enterprise operations and maintenance surge support services. SOCOM will obligate $5,000 in fiscal 2018 O&M funds at the time of award and work is scheduled to be comp...
AAI, a subsidiary of Textron (NYSE: TXT) subsidiary, has received a potential $120 million contract to continue providing intelligence, surveillance and reconnaissance support for the U.S. Special Operations Command‘s mid-endurance unmanned aircraft systems. SOCOM awarded the sole-source contract for AAI to provide wo...
TYSONS CORNER, VA, May 1, 2018 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has expressed confidence in the company’s broadband services portfolio amid the prevalence of low-Earth orbit satellites in space, ExecutiveBiz reported Friday. Desch, a 2018 Wash100 inductee, said in an earnings call that Iridium’s upcoming “...
TYSONS CORNER, VA, May 1, 2018 ” CAE has unveiled a new facility for its defense and security business in Australia as the company works to secure a contract for the military’s Project Air 7003 with industry partners including General Atomics, ExecutiveBiz reported Monday. The Canberra office, which serves to expand CAE’s ...
