Shareholders at Rockwell Collins (NYSE: COL) have cleared a deal for United Technologies Corp. (NYSE: UTX) to acquire the Cedar Rapids, Iowa-based avionics contractor for approximately $30 billion. Holders of at least 72 percent of outstanding shares in Rockwell Collins as of record date voted to approve the transaction during the Thursday...
James Kavanaugh, formerly senior vice president for transformation and operations at IBM (NYSE: IBM), has been named chief financial officer of the company, Reuters reported Thursday. Kavanaugh™s appointment took effect Thursday and he will succeed Martin Schroeter, who will replace the retiring Bruno Di Leo as SVP for global markets, IBM said ...
Carol Pottenger, a retired U.S. Navy vice admiral and former senior U.S. flag officer at NATO, has joined the board of directors at Serco Inc., the British contractor’s Americas region subsidiary. Her 36-year military career has included roles such as division officer, department head, executive officer and commanding officer aboard comba...
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has received a potential $193.8 million U.S. Army foreign military sales contract to supply modernized units of the Black Hawk medium-lift helicopter platform to Saudi Arabia. Sikorsky will manufacture eight UH-60Ms for the Saudi Arabian National Guard and another nine for t...
A General Dynamics (NYSE: GD) subsidiary has received a potential $118.3 million contract modification to extend contractor logistics support for the U.S. military’s the C-20 and C-37 fleet. Gulfstream Aerospace will continue to support both military aircraft platforms for the U.S. Air Force, Coast Gua...
HX5 has received a potential seven-year, $376.8 million contract to provide engineering, research and scientific support services to NASA‘s Glenn Research Center. NASA said Thursday the Glenn Engineering and Research Support contract has a two-year base period slated to commence April 1, followed by a two-year option, another on...
TYSONS CORNER, VA, Jan. 11, 2018 ” AT&T (NYSE: T) is testing a technology platform that will work to support organizations in the remote monitoring of roads, railways and other infrastructure as part of smart city initiatives, ExecutiveBiz reported Wednesday. The company said Tuesday the AT&T Smart Cities Structure Monitoring offer...
TYSONS CORNER, VA, Jan. 11, 2018 ” A Cubic (NYSE: CUB) business unit aims to expand its regional presence in India with a larger facility and workforce to support new U.S. contracts, ExecutiveBiz reported Wednesday. The company said Tuesday the future expanded Cubic Transportation Systems facility in Hyderabad and doubled personnel he...
TYSONS CORNER, VA, Jan. 11, 2018 ” Data Systems Analysts has added Luke McCormack, former chief information officer of the Department of Homeland Security, to its federal advisory board, GovCon Executive reported Wednesday. The company said McCormack, who has also served as CIO of the Justice Department, brings to the b...
TYSONS CORNER, VA, Jan. 11, 2018 ” Deloitte has hired James Turgal, former executive assistant director of FBI‘s information and technology branch, as managing director of the cyber risk services practice within the company’s risk and financial advisory unit, GovCon Executive reported Wednesday. The company said ...
