A Tanium–World Wide Technology team has won a potential $750 million “other transaction” agreement to help the Defense Department and other federal agencies secure information technology systems at the endpoint level. WWT said Tuesday it worked with Defense Innovation Unit Experimental to negotiat...
Serco Inc., a provider of professional, technology, and management services, announced last Tuesday their intent to acquire BTP Systems LLC. The acquisition, subject to approval, is expected to come together by the end of 2017. In an exclusive interview with ExecutiveBiz Dave Dacquino, Serco™s President and CEO, said that he expects that the co...
The Federal Communications Commission has cleared CenturyLink‘s (NYSE: CTL) proposed $34 billion acquisition of Level 3 Communications (NYSE: LVLT). CenturyLink said Monday the FCC approval came two weeks after the California Public Utilities Commission cleared the acquisition at its Oct. 12 meeting. John Jones, senior vice president...
Modern Technology Solutions Inc. has won a one-year, $88.7 million contract from the Missile Defense Agency to provide specialty engineering advisory and assistance services for the Ballistic Missile Defense System. The Defense Department said Thursday MTSI will help MDA engineer sensor, directed energy and space systems as well as support BMDS...
TYSONS CORNER, VA, Oct. 30, 2017 ” General Atomics will collaborate with the University of Mississippi to develop acoustic-based navigation and sensing technologies that will work to support unmanned underwater vehicle platform systems for deep-sea missions, ExecutiveBiz reported Friday. The university said Thursday the partnership in...
TYSONS CORNER, VA, Oct. 30, 2017 ” Lockheed Martin (NYSE: LMT) and Spain’s Navantia shipbuilder have entered into a renewed partnership to explore possible business opportunities in naval combat systems and surface ships, ExecutiveBiz reported Friday. The alliance will also work to deliver the Aegis Combat System and Spain-made senso...
TYSONS CORNER, VA, Oct. 30, 2017 ” Northrop Grumman (NYSE: NOC) has rolled out a sunshield subsystem for NASA‘s James Webb Space Telescope that utilizes five NeXolve-manufactured layers made of Kapton that work to protect the observatory’s optics, ExecutiveBiz reported Friday. The company said Thursday it ha...
The Executive Mosaic GovCon Index (GCI) continued to drop for the sixth consecutive day to close at 107.751 off 0.672 percent. Declining shares outpaced advancing 3 to 1. The three major indices all declined for the day. The S&P500 closed down 0.32 percent to 2,572.83, while the DJIA closed at 23,348.74 a negative 0.36 percent and...
TYSONS CORNER, VA, Oct. 30, 2017 ” Thales has enabled an extended encryption capability for Red Hat‘s (NYSE: RHT) OpenShift Container Platform in efforts to implement access control and logging for sensitive data, ExecutiveBiz reported Friday. The Vormetric Transparent Encryption tool will work to secure Red Hat OpenShift Container P...
Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...
