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Investment firm The Acacia Group has acquired Intelligent Decisions and split the Ashburn, Virginia-based federal information technology contractor into two independent companies as part of its strategy to seek growth opportunities in the federal market. One of the two companies – ID Technologies – will focus on products and combine tech...

Glen Post, CEO of CenturyLink (NYSE: CTL) over the past 26 years, will retire from his position in May and be succeeded by Chief Operating Officer and President Jeff Storey. Post originally planned to retire on Jan. 1, 2019 but he decided to move his retirement earlier and make it effective on the day of CenturyLink™s annual...

TYSONS CORNER, VA, March 6, 2018 ” Iridium Communications (Nasdaq: IRDM) has set the launch of a fifth batch of Iridium NEXT satellites on March 29 aboard a SpaceX Falcon 9 rocket, ExecutiveBiz reported. Iridium said it will launch five satellites and scientific instruments for the U.S. and Germany as a continuation of its schedule to...

TYSONS CORNER, VA, March 6, 2018 ” BAE Systems has offered a vehicle platform based on the M8 Armored Gun System in its bid for the U.S. Army‘s program on the Mobile Protected Firepower combat vehicle, ExecutiveBiz reported Monday. The company said Thursday it will submit the proposed infantry brigade combat team vehic...

A business unit of Comtech Telecommunications (Nasdaq: CMTL) has won a potential three-year, $123.6 million contract to help the U.S. Army sustain ground-based very small satellite terminals. Comtech said Monday the command and control technologies group of its government solutions arm will sustain the Army’s AN/TSC-19...

The U.S. Navy has awarded 5 companies spots on a potential $225.8 million contract to provide a administrative, technical, programmatic and financial services to the Defense Advanced Research Projects Agency‘s Tactical Technology Office. The Defense Department said Monday the multiple-award contract has an initial value of $204.3 mil...

TYSONS CORNER, VA, March 5, 2018 ” Lockheed Martin (NYSE: LMT) will provide its MK 41 vertical launching system for the Type 26 Global Combat Ship that BAE Systems is building for the U.K. navy, ExecutiveBiz reported Friday. The system will serve to launch anti-air, anti-submarine, surface-to-surface and strike-length missiles fr...

TYSONS CORNER, VA, March 5, 2018 ” A General Atomics business unit will work with the U.S. Army in efforts to advance electromagnetic railgun weapons technologies under a three-year contract, ExecutiveBiz reported Friday. The company said Thursday the Defense Ordnance Technology Consortium awarded the contract to&n...

TYSONS CORNER, VA, March 5, 2018 ” SSL has tasked Northrop Grumman (NYSE: NOC) to supply the Scalable Space Inertial Reference Unit through a contract in support of commercial, government and civilian space operations, ExecutiveBiz reported Friday. Northrop said Thursday the Scalable SIRU is a navigation system that will wor...