Curtiss-Wright (NYSE: CW) has closed its $212.5 million cash acquisition of the Dresser-Rand government business from Siemens in a move to expand aftermarket support for the U.S. Navy and footprint on the service branch™s nuclear ships. Dresser-Rand will mainly focus its sales efforts on the naval defense market and wil...
General Dynamics (NYSE: GD) has concluded its approximately $9.7 billion acquisition of CSRA (NYSE: CSRA) in a push to establish a combined government information technology services contractor. CSRA will operate as part of General Dynamics™ IT business and will stop trading on the New York Stock Exchange as a result of the transaction, Ge...
Paul Mountford, formerly senior vice president and chief sales officer at Riverbed Technology, has been selected to succeed the retiring Jerry Kennelly as CEO of the San Francisco-based digital platforms provider. Riverbed said Tuesday Kennelly, who will retire after 16 years at the helm, will serve in an advisory capacity in support of the company&...
Lockheed Martin (NYSE: LMT) has received a potential $247.5 million contract to design, build and test a supersonic aircraft for NASA. NASA said Tuesday the cost-plus-incentive-fee contract calls for the development of a Low-Boom Flight Demonstration aircraft, dubbed X-plane, designed to travel at a speed of about 940 miles per hour at 55,...
Boeing (NYSE: BA) has received a $313 million follow-on contract to provide logistics, engineering, supply chain, data analytics and training services for the Canadian air force’s fleet of Chinook heavy-lift helicopters. The company said Tuesday it will continue to provide lifecycle support to the CH-147F helicopters ...
DCS will provide engineering and technical support for the U.S. Army‘s positioning, navigation and timing systems under a potential five-year, $98 million task order. The company said Tuesday it will assist the PNT program manager within the service branch’s program executive office for intelligence electronic warfare and ...
TYSONS CORNER, VA, April 3, 2018 ” The U.S. Navy has awarded Concurrent Technologies Corp. a potential four-year, $6.4 million contract to provide additive manufacturing technology designed to help the service branch build metal-based components for air, sea and ground platforms, ExecutiveBiz reported Wednesday. CTC said March 27 it will join p...
TYSONS CORNER, VA, April 3, 2018 ” Mitre is looking to collaborate with cybersecurity vendors to test commercial endpoint detection and response technology against its ATT&CK knowledge base of crowdsourced cyber threat tactics and techniques, ExecutiveBiz reported Monday. The nonprofit research and development firm said Thursday&n...
Clint Heiden, formerly commercial chief officer at data center services provider EdgeConneX, has joined QTS Realty Trust (NYSE: QTS) as chief revenue officer. The more than 26-year industry veteran will lead QTS’ hybrid colocation sales and marketing organization and his appointment comes as Dan Bennewitz, chief operating officer of sales...
Kevin Davis, vice president for public sector at Splunk (Nasdaq: SPLK), has said government agencies should implement an adaptive response strategy to immediately address evolving cyber threats, automate their security processes and equip multi-layered security platforms with a defensive strategy. Davis wrote that the key to the ...
